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Westpac NZ Confirms Changes To Interest Rates
Westpac NZ confirms changes to the following interest rates:
Housing
- Our Choices Floating and Choices Offset Floating interest rate has been reduced by 75bps to 4.59% p.a.
- Our Choices Everyday interest rate has been reduced by 75bps to 4.69% p.a.
- The variable housing rate changes are effective from Wednesday 18 March 2020 for new customers and from Wednesday 1 April 2020 for existing customers
Our fixed home loan rates remain under review.
Deposits
- Our 32-day Notice Saver interest rate has been reduced by 75bps to 1.25% p.a.
- Our Westpac Bonus Saver and Westpac Bonus Saver PIE interest rate has been reduced by 75bps to have a total available rate of 0.65% p.a.
- These changes are effective from Wednesday 18 March 2020
Our term investment rates remain under review.
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