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Adelaide Bank announces interest rate changes

Fri, 10 Nov 2023

Friday 10 November 2023: Adelaide Bank has today announced changes to the pricing of its home loan products following the RBA’s decision to lift the cash rate by 0.25% p.a. on Tuesday.

For Adelaide Bank home loan customers on a Variable Rate Loan the interest rate will increase by 0.25% p.a. as of Monday 20 November.

Customers who are interested in better understanding how these changes will affect them can use Adelaide Bank’s online Calculators and Tools where they can calculate the impact of the recent rate rise, prepare a family budget and more.

Borrowers who are experiencing difficulty are encouraged to get in touch with the bank to discuss their options and how we can help. Customers can speak with their local branch manager or contact the Adelaide Bank Mortgage Help Centre 1300 652 146 or visit Financial difficulty assistance - Adelaide Bank.

Adelaide Bank announces interest rate changes

Fri, 09 Jun 2023

Adelaide Bank has today announced changes to the pricing of its home loan products following the RBA’s decision to lift the cash rate by 0.25% p.a. on Tuesday.

For Adelaide Bank home loan customers on a Variable Rate Loan the interest rate will increase by 0.25% p.a. as of Monday 26 June 2023.  

Customers who are interested in better understanding how these changes will affect them can use Adelaide Bank’s online Calculators and Tools where they can calculate the impact of the recent rate rise, prepare a family budget and more.

Borrowers who are experiencing difficulty are encouraged to get in touch with the bank to discuss their options and how we can help. Customers can speak with their local branch manager or contact the Adelaide Bank Mortgage Help Centre 1300 650 259 or visit Financial difficulty assistance - Adelaide Bank.

Adelaide Bank announces interest rate changes

Fri, 05 May 2023

 Adelaide Bank has today announced changes to the pricing of its home loan products following the RBA’s decision to lift the cash rate by 0.25% p.a. on Tuesday.

For Adelaide Bank home loan customers on a Variable Rate Loan the interest rate will increase by 0.25% p.a. as of Friday 19 May.

Customers who are interested in better understanding how these changes will affect them can use Adelaide Bank’s online Calculators and Tools where they can calculate the impact of the recent rate rise, prepare a family budget and more.

Borrowers who are experiencing difficulty are encouraged to get in touch with the bank to discuss their options and how we can help.

Customers can speak with their local branch manager or contact the Adelaide Bank Mortgage Help Centre 1300 650 259 or visit Financial difficulty assistance - Adelaide Bank.

Adelaide Bank waves goodbye to upfront home loan fees

Tue, 02 May 2023

Busy brokers now have another reason to consider Adelaide Bank. The scrapping of upfront home loan fees for new customers means borrowers can now enjoy up to $498 in savings, freeing up some extra funds and making a home loan from Adelaide Bank even more attractive. The fee waiver is available indefinitely to eligible borrowers.

Adelaide Bank’s General Manager of Third-Party Banking, Darren Kasehagen said the bank understood the impact the rising cost of living was having on borrowers and hoped the initiative would alleviate some of the pressures they faced.

“Adelaide Bank is known among brokers for our quality products, competitive pricing and attractive service levels. By waiving application and settlement fees, we are giving brokers yet another reason to consider recommending our products,” Mr Kasehagen said.

Adelaide Bank’s Head of Broker, Natalie Sheehan said the fee waiver would apply to owner-occupied and principal and interest loans including both fixed and variable rate loan options, all LVR tiers and ‘new to bank’ customers.

“This offer builds on our compelling proposition for brokers and we’ve seen a great take up of this offer already - so to help more of our customers, Adelaide Bank have decided to implement these savings indefinitely,” Ms Sheehan concluded.

Conditions of the waiver are subject to change. Brokers with questions about the offer are invited to please contact Adelaide Bank Partner Assist on 1300 791 679

Adelaide Bank announces interest rate changes

Fri, 10 Mar 2023

Adelaide Bank has today announced changes to the pricing of its home loan products following the RBA’s decision to lift the cash rate by 0.25% p.a. on Tuesday.

For Adelaide Bank home loan customers on a Variable Rate Loan the interest rate will increase by 0.25% p.a. as of 24 March 2023.

Customers who are interested in better understanding how these changes will affect them can use Adelaide Bank’s online Calculators and Tools where they can calculate the impact of the recent rate rise, prepare a family budget and more.

Borrowers who are experiencing difficulty are encouraged to get in touch with the bank to discuss their options and how we can help. Customers can speak with their local branch manager or contact the Adelaide Bank Mortgage Help Centre 1300 650 259 or visit Financial difficulty assistance - Adelaide Bank.

Adelaide Bank announces interest rate changes

Fri, 10 Feb 2023

Adelaide Bank has today announced changes to the pricing of its home loan products following the RBA’s decision to lift the cash rate by 0.25% p.a. on Tuesday.

For Adelaide Bank home loan customers on a Variable Rate Loan the interest rate will increase by 0.25% p.a. as of 24 February.

Customers who are interested in better understanding how these changes will affect them can use Adelaide Bank’s online Calculators and Tools where they can calculate the impact of the recent rate rise, prepare a family budget and more.

Borrowers who are experiencing difficulty are encouraged to get in touch with the bank to discuss their options and how we can help. Customers can speak with their local branch manager or contact the Adelaide Bank Mortgage Help Centre 1300 650 259 or visit Financial difficulty assistance - Adelaide Bank.

Adelaide Bank announces interest rate changes

Fri, 09 Dec 2022

Adelaide Bank has today announced changes to the pricing of its home loan products following the RBA’s decision to lift the cash rate by 0.25% p.a. on Tuesday.

For Adelaide Bank home loan customers on a Variable Rate Loan the interest rate will increase by 0.25% p.a. as of 22 December.  

Customers who are interested in better understanding how these changes will affect them can use Adelaide Bank’s online Calculators and Tools where they can calculate the impact of the recent rate rise, prepare a family budget and more.

Borrowers who are experiencing difficulty are encouraged to get in touch with the bank to discuss their options and how we can help. Customers can speak with their local branch manager or contact the Adelaide Bank Mortgage Help Centre 1300 650 259 or visit Financial difficulty assistance - Adelaide Bank.

Adelaide Bank announces interest rate changes

Sat, 05 Nov 2022

Adelaide Bank has today announced changes to the pricing of its home loan products following the RBA’s decision to lift the cash rate by 0.25% p.a. on Tuesday.

For Adelaide Bank home loan customers on a Variable Rate Loan the interest rate will increase by 0.25% p.a. as of 18 November.

Customers who are interested in better understanding how these changes will affect them can use Adelaide Bank’s online Calculators and Tools where they can calculate the impact of the recent rate rise, prepare a family budget and more.

Borrowers who are experiencing difficulty are encouraged to get in touch with the bank to discuss their options and how we can help. Customers can speak with their local branch manager or contact the Adelaide Bank Mortgage Help Centre 1300 650 259 or visit Financial difficulty assistance - Adelaide Bank.

Adelaide Bank is standing by to support customers affected by floods

Thu, 13 Oct 2022

Adelaide Bank has reassured customers in areas at risk of flooding across Victoria, New South Wales and Tasmania they will be offered swift financial relief following a significant rainfall event over the last 24 hours.

A range of measures are now available to eligible customers with the Bank continuing to monitor the situation and review and update its response as necessary.

The Bank understands the impact severe weather events such as floods can have on customers financially. The key features of the Assistance Package for flood affected customers Adelaide Bank include:

  • Home Loan customers can apply for loan repayment deferrals of up to three months;
  • Discounted interest rates on new personal loans taken out by existing customers;
  • Waiving of interest rate reduction for early withdrawals on term deposits prior to maturity;
  • No 'loan break' costs for customers with a fixed rate who use an insurance payment to pay out their loan.

Adelaide Bank customers can contact our Mortgage Help Centre on 1300 650 259 for more information regarding financial hardship and applying for assistance or visit: www.adelaidebank.com.au/support/financial-difficulty-assistance/

The Bank will continue to monitor the situation and add regions into the assistance package where required.

Lifeline's 24/7 telephone crisis support service is also available on 13 11 14.

Adelaide Bank announces interest rate changes

Mon, 10 Oct 2022

Adelaide Bank has today announced changes to the pricing of its home loan products following the RBA’s decision to lift the cash rate by 0.25% p.a. on Tuesday.

For Adelaide Bank home loan customers on a Variable Rate Loan the interest rate will increase by 0.25% p.a. as of 21 October.

We know every customer’s circumstances are different. Customers who are interested in better understanding how the change affects them can use our online calculators and tools where they can calculate the impact of a rate rise, prepare a family budget and more.

Borrowers who are experiencing difficulty are encouraged to get in touch with the bank to discuss their options and how we can help. Customers should contact the Mortgage Help Centre on 1300 650 259 or visit www.adelaidebank.com.au/contact-us

Adelaide Bank announces interest rate changes

Sat, 09 Sep 2023

Adelaide Bank has today announced changes to the pricing of its home loan and savings products following the RBA’s decision to lift the cash rate by 0.50% p.a. on Tuesday.

For Adelaide Bank home loan customers on a Variable Rate Loan the interest rate will increase by 0.50% p.a. effective Friday 23 September.

We know every customer’s circumstances are different. Customers who are interested in better understanding how the change affects them can use our online calculators and tools where they can calculate the impact of a rate rise, prepare a family budget and more.

Borrowers who are experiencing difficulty are encouraged to get in touch with the bank to discuss their options and how we can help. Customers should contact the Mortgage Help Centre on 1300 650 259 or visit www.adelaidebank.com.au/contact-us

Adelaide Bank announces interest rate changes for borrowers and savers

Fri, 05 Aug 2022

Adelaide Bank has today announced changes to the pricing of its home loan and savings products following the RBA’s decision to lift the cash rate by 0.50% p.a. on Tuesday.

For Adelaide Bank home loan customers on a Variable Rate Loan the interest rate will increase by 0.50% p.a. effective Wednesday 17 August.

The Bank will also increase the interest rate on many of its deposit products.

We know every customer’s circumstances are different. Customers who are interested in better understanding how the change affects them can use our online calculators and tools where they can calculate the impact of a rate rise, prepare a family budget and more.

Borrowers who are experiencing difficulty are encouraged to get in touch with the bank to discuss their options and how we can help. Customers should contact the Mortgage Help Centre on 1300 650 259 or visit www.adelaidebank.com.au/contact-us

Adelaide Bank announces interest rate changes for borrowers and savers

Mon, 11 Jul 2022

Adelaide Bank has today announced changes to the pricing of its home loan and savings products following the RBA’s decision to lift the cash rate by 0.50% p.a. on Tuesday.

For Adelaide Bank home loan customers on a Variable Rate Loan the interest rate will increase by 0.50% p.a. as of 25 July. The Bank will also increase the interest rate on many of its deposit products.

Adelaide Bank carefully considers the impact that rate rises can have on borrowers and savers alike.

We know every customer’s circumstances are different. Customers who are interested in better understanding how the change affects them can use our online calculators and tools where they can calculate the impact of a rate rise, prepare a family budget and more.

Borrowers who are experiencing difficulty are encouraged to get in touch with the bank to discuss their options and how we can help. Customers should contact the Mortgage Help Centre on 1300 650 259 or visit www.adelaidebank.com.au/contact-us.

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Bendigo and Adelaide Bank acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

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