Rate Change Effective 24 November 2023
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.25% per annum.
The variable home loan interest rate increase will be effective from 24 November 2023.
QBANK will also be increasing interest rates on a range of deposit products from 24 November 2023.
Rates will also increase on our credit cards by 0.5% from 24 November 2023.
As a Member-owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 22 June 2023
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.25% per annum.
The variable home loan interest rate increase will be effective from 22 June 2023.
QBANK will also be increasing interest rates on a range of deposit products from 22 June 2023.
As a Member-owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 24 May 2023
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.25% per annum.
The variable home loan interest rate increase will be effective from 24 May 2023.
QBANK will also be increasing interest rates on a range of deposit products from 24 May 2023.
As a Member-owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 23 March 2023
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.25% per annum.
The variable home loan interest rate increase will be effective from 23 March 2023.
QBANK will also be increasing interest rates on a range of deposit products from 23 March 2023.
As a Member-owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 23 February 2022
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.25% per annum.
The variable home loan interest rate increase will be effective from 23 February 2022.
QBANK will also be increasing interest rates on a range of deposit products from 23 February 2022.
As a Member-owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 20 December 2022
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.25% per annum.
The variable home loan interest rate increase will be effective from 20 December 2022.
QBANK will also be increasing interest rates on a range of deposit products from 20 December 2022.
As a Member-owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 24 November 2022
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.25% per annum. Mortgage secured overdrafts will also increase by 0.25% per annum.
The Variable Home Loan interest rate increase will be effective from 24 November 2022 and the Mortgage Secured Overdraft interest rate increase will be effective on 1 December 2022.
QBANK will also be increasing interest rates on a range of deposit products from 24 November 2022.
As a Member-owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 26 October 2022
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.25% per annum. Mortgage secured overdrafts will also increase by 0.25% per annum.
The Variable Home Loan interest rate increase will be effective from 26 October 2022 and the Mortgage Secured Overdraft interest rate increase will be effective on 1 November 2022.
QBANK will also be increasing interest rates on a range of deposit products from 26 October 2022.
As a Member-owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 27 September 2022
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.50% per annum.
Mortgage secured overdrafts will also increase by 0.50% per annum. The variable home loan interest rate increase will be effective from 27 September 2022 and the mortgage secured overdraft interest rate increase will be effective on 1 October 2022. QBANK will also be increasing interest rates on a range of deposit products from 27 September 2022.
As a member owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 16 August 2022
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.50% per annum.
Mortgage secured overdrafts will also increase by 0.50% per annum. The variable home loan interest rate increase will be effective from 16 August 2022 and the mortgage secured overdraft interest rate increase will be effective on 1 September 2022. QBANK will also be increasing interest rates on a range of deposit products from 16 August 2022.
As a member owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 20 July 2022
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.50% per annum. Mortgage secured overdrafts will also increase by 0.50% per annum.
The variable home loan interest rate increase will be effective from 20 July 2022 and the mortgage secured overdraft interest rate increase will be effective on 1 August 2022.
As a Member-owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 21 June 2022
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.50% per annum. Mortgage secured overdrafts will also increase by 0.50% per annum.
The variable home loan interest rate increase will be effective from 21 June 2022 and the mortgage secured overdraft interest rate increase will be effective on 1 July 2022.
QBANK will also be increasing interest rates on a range of deposit products from 15 June 2022.
As a Member-owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
Rate Change Effective 20 May 2022
Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.25% per annum. Mortgage secured overdrafts will also increase by 0.25% per annum.
The variable home loan interest rate increase will be effective from 20 May 2022 and the mortgage secured overdraft interest rate increase will be effective on 1 June 2022.
QBANK will also be increasing interest rates on a range of deposit products from 20 May 2022.
As a Member-owned bank QBANK remains committed to maintaining the best interests of depositors and borrowers.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
