Skip to main content

News

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.

Call us

Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.
© Copyright 2022 Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879