Interest Rate Changes
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 11 March 2025.
QBANK will also be decreasing interest rates on a range of deposit products from 1 March 2025.
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.
For further information please call 13 77 28 or email info@qbank.com.au.
