MOVE Bank is committed to offering members great value across our lending, investment and deposit product ranges. With this in mind we will be making some changes to our interest rates.
Home Loan Interest Rates
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Standard Variable Investment Loan has been reduced by -0.61% p.a.
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Complete Package Variable Investment Loans* have also been reduced by 0.61% p.a.
* This product was previously called the myWealth Package Loan
The new rates for these products will be effective on the following dates:
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17 June 2020 for new products opened
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1 July for members with existing loans and accounts
Deposit Interest Rates
Due to the record low interest rate environment and narrowing margin between the interest earned on loans and paid on our deposits, we’ve made the difficult decision to reduce interest rates on our savings accounts.
Despite the rate reductions, our savings accounts continue to offer outstanding value with our Express Saver and Bonus saver recently recognised with prestigious awards from Canstar and Rate City.
Savings Accounts - Effective 1 July 2020
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1.10% p.a. |
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1.10% p.a. |
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Base Rate – 0.40% p.a. Maximum Rate – 1.60% p.a. |
If you have any questions about these changes, please contact us on 1300 362 216 or email us at info@movebank.com.au.
Interest rates subject to change. All rates quoted are per annum (p.a.) Fees and charges apply. AFSL/Australian Credit License 234 536.
