Following the decision by the Reserve Bank of Australia to decrease the official cash rate, QBANK will decrease interest rates on all variable rate home loans for owner occupiers and investors by 0.25% per annum.
The variable home loan interest rate decrease will be effective from 6 June 2025. 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.
As a Member-owned bank, QBANK is committed to balancing the interests of borrowers and depositors and ensuring the Bank’s financial sustainability.
For further information please call 13 77 28 or email info@qbank.com.au.
