Following the recent reduction in official interest rates by the Reserve Bank of Australia (RBA), Queensland Country Bank has conducted a review of our savings, investment and home loan interest rates.
From 6 April 2020, the interest rates on existing home loans will be reduced as follows:
- Housing Loans – All variable interest rate Home Loans to reduce by 0.25%
- Commercial Loans – All variable interest rate Commercial Loans to reduce by 0.15%
- Credit Cards – All Credit Cards to reduce by 0.25%
The new interest rate that will be applicable to your loan will be detailed on your next statement. Should you wish to learn more about your new interest rate, or the new repayment that will apply to your loan, please feel free contact your nearest branch or call us on 1800 075 078.