Rates Announcement – 11 February 2026

Following the Reserve Bank of Australia’s (RBA) February 2026 decision to increase the official cash rate by 0.25% p.a., we will be updating the interest rates for our Savings Accounts, Term Deposits and Loans. Here’s a summary of what’s changing and when these updates take effect.

What’s changing?

Savings Accounts

We will increase some of our interest rates on the following products;

  • U30 SUPER CHARGE interest rates will increase by 0.25% p.a. to 4.75% p.a. effective from February 13, 2026
  • The Savings Plus interest rate for balances between $100,000 and $249,999 will increase by 0.25% p.a. to 4.00% p.a. effective from February 13, 2026
  • Retirement Plus will increase by 0.25% p.a. to 2.25% p.a. effective from February 13, 2026
  • Dynamo/Flex (Bonus Rate only) will increase by 0.25% p.a. to 2.25% p.a. effective from March 1, 2026
  • Bonus Saver (Bonus Rate only) will increase by 0.25% p.a. to 4.00% p.a. effective from March 1, 2026.

The rates for each balance tier apply to the entire account balance, up to the limits stated.

Term Deposits

  • Effective February 13, 2026, 3-Month Term Deposit interest rates will increase to 4.15% p.a.
  • Effective February 13, 2026, 6-Month Term Deposit interest rates will increase to 4.20% p.a.

Home Loans

All Variable Rate Home Loans

  • For new borrowers: Effective February 13, 2026, interest rates for new variable rate home loans will increase by 0.25% p.a.
  • For existing borrowers: Effective February 13, interest rates for existing variable rate home loans will increase by 0.25% p.a.

Fixed Rate Home Loans (including Owner Occupier, Investor, Principal & Interest and Interest Only loans)

  • For new borrowers: Effective February 13, 2026, some interest rates for new fixed rate home loans will change.

Personal Loans

Effective 13 February 2026, interest rates for Variable Personal Loans will increase for both new and existing variable rate personal loans by 0.25% p.a.

Overdrafts

  • Effective 13 February 2026, the interest rate for Easy Access Overdraft will increase by 0.25% p.a. from 13.85% p.a. to 14.10% p.a.
  • Effective 13 February 2026, the interest rate for Equity Maximiser Loan and Equity Maximiser Trans accounts will increase by 0.25% p.a. from 5.95% p.a. to 6.20% p.a.

Information and interest rates are current as at the date of publication and are subject to change.

For more information on changes to our interest rates, and relevant comparison rates, visit our Interest Rates page.

Terms and conditions, lending and eligibility criteria apply and are available here.