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Kiwibank Rate Changes
We are making changes to our home loan fixed rates and term deposit rates effective Tuesday 15 October.
| Home Loan Card | ||||||
| Headline Special: 6.19% 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 | 7.75% | 7.75% | ||||
| Revolving | 7.80% | 7.80% | ||||
| 6 month fixed | 6.85% | 6.75% | 7.75% | 7.65% | ||
| 1 year fixed | 6.29% | 6.19% | 7.19% | 7.09% | ||
| 2 year fixed | 5.79% | 5.69% | 6.69% | 6.59% | ||
| 3 year fixed | 5.79% | 5.69% | 6.59% | 6.49% | ||
| 4 year fixed | 5.69% | 6.49% | ||||
| 5 year fixed | 5.69% | 6.49% | ||||
| * 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. | ||||||
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Term Deposit Rates
| Interest Tier: | $10,000+ | $5,000 - $9,999 | |||||
| Current Rate | New Rate | Change | Current Rate | New Rate | Change | ||
| 120 days | 5.00% | 4.75% | -0.25% | 4.90% | 4.65% | -0.25% | |
| 6 months | 5.65% | 5.60% | -0.05% | 5.55% | 5.50% | -0.05% | |
| 200 days | 5.65% | 5.60% | -0.05% | 5.55% | 5.50% | -0.05% | |
| 9 months | 5.35% | 5.25% | -0.10% | 5.25% | 5.15% | -0.10% | |
| 1 year | 5.15% | 5.10% | -0.05% | 5.05% | 5.00% | -0.05% | |
| 2 years | 4.60% | 4.50% | -0.10% | 4.50% | 4.40% | -0.10% | |
| 3 years | 4.50% | 4.40% | -0.10% | 4.40% | 4.30% | -0.10% | |
| 4 years | 4.50% | 4.40% | -0.10% | 4.40% | 4.30% | -0.10% | |
| 5 years | 4.50% | 4.40% | -0.10% | 4.40% | 4.30% | -0.10% | |
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