Beyond Bank cuts home loan interest rates by 0.25%
March 2020Share This Story
Beyond Bank cuts home loan interest rates by 0.25%.
11 March 2020 - Beyond Bank Australia is pleased to announce that it will be passing on the full interest rate cut of 0.25% p.a. to its variable rate home loans.
The announcement follows the recent decision by the Reserve Bank of Australia to cut the official cash rate and will apply to both new and existing lending from 24th March 2020.
"As a customer owned bank, we are always striving to pass on benefits to our customers,” said Mr. Nick May, General Manager Customer Experience, at Beyond Bank.
“This latest rate cut allows us to pass on significant savings for our borrower customers and will put more money back into the pockets of our customers.”
The new variable rates apply to owner-occupiers, investors and business accounts.