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Interest Rate Changes

March 2020
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Interest Rate Changes.

As an essential service that continues to provide banking to you and your local community, Beyond Bank Australia remains focused and committed to offering the most responsible form of banking to meet the needs of ALL Australians.

This week we have reduced interest rates across a range of products:

  • 0.50% reduction to our 3-year fixed rate on our owner-occupied Total Home Loan Package ≤80% LVR special to a new low of 2.29% p.a., effective 7th April 2020 (for new money);
  • The introduction of a new 2-year fixed rate of 2.29% on our owner-occupied Total Home Loan Package ≤80% LVR special, effective 7th April 2020 (for new money);
  • A range of financial assistance for small business customers impacted by COVID-19, effective 1st April 2020, including:

-0.50% reduction in the secured Overdraft interest rate for new and existing customers;

-2.00% reduction in our unsecured Overdraft rate for new and existing customers; and

-1.00% reduction in current business investment loan variable reference rate for new and existing customers to 3.94%

Along with these changes, we have also implemented a range of home loan assistance measures as well as financial support initiatives to help you through these challenging times.

For more information, please visit beyondbank.com.au/coronavirus

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