Kiwibank Rate Changes
We are making changes to our Term Deposit and fixed Home Loan rate cards effective Thursday 31st August.
Term Deposit Card
Interest Tier: | $10,000+ | $5,000 - $9,999 | |||||
Current Rate | New Rate | Change | Current Rate | New Rate | Change | ||
1 year | 5.90% | 6.00% | 0.10% | 5.80% | 5.90% | 0.10% | |
Interim interest | |||||||
1 year | 5.90% | 6.00% | 0.10% | 5.80% | 5.90% | 0.10% |
Home Loan Card | ||||||||||||
Headline Special: 6.99% p.a. fixed for one year. Min 20% equity. | ||||||||||||
Product | Previous Special Rate* | New Special Rate* | Previous Standard Rate (>80LVR) | New Standard Rate (>80LVR) | ||||||||
Variable / Offset | 8.50% | 8.50% | ||||||||||
Revolving | 8.55% | 8.55% | ||||||||||
6 month fixed | 7.15% | 8.15% | ||||||||||
1 year fixed | 6.99% | 7.99% | ||||||||||
2 year fixed | 6.79% | 6.89% | 7.79% | 7.89% | ||||||||
3 year fixed | 6.49% | 6.69% | 7.39% | 7.59% | ||||||||
4 year fixed | 6.29% | 6.49% | 7.19% | 7.39% | ||||||||
5 year fixed | 6.29% | 6.49% | 7.19% | 7.39% | ||||||||
* Minimum 20% equity. (Specials are also available for First Home Loan customers). | ||||||||||||
+ For all Bridging loans, the interest rate will be 1% above Kiwibank’s variable interest rate. | ||||||||||||