Following Tuesday’s RBA announcement, Summerland Bank will be passing on the full 0.25% cash rate decrease to our existing customers who are on variable rate home loans. This change will be effective from 4 March 2025. (more here)

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We’ve made a change to our Interest Rates.

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We’ve made a change to our Interest Rates.

Following Tuesday’s RBA announcement, Summerland Bank will be passing on the full 0.25% cash rate decrease to our existing customers who are on variable rate home loans. This change will be effective from 4 March 2025.

If you have a variable rate principal & interest home loan, you can find the details of your new minimum repayment on your next statement or via the app from 4 March 2025.

If you have any further questions or concerns, please don’t hesitate to reach out to our team on 1300 728 728 or visit your local branch.

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