Credit Union SA announces October interest rate changes

14 Oct 2019

| Announcements

In response to the Reserve Bank of Australia rate reduction on 1 October 2019, we are pleased to announce we will be reducing our Variable Home Loan rates.

Effective Tuesday 29 October 2019

Variable Rate Home Loans

All new and existing variable rate home loans will be reduced:

  • Owner-Occupied principal and interest repayment home loans have been reduced by 0.10% pa to 0.25% pa;
  • Owner-Occupied interest only repayment home loans have been reduced by 0.04% pa to 0.26% pa;
  • Investment principal and interest repayment home loans have been reduced by 0.10% pa to 0.25% pa; and
  • Investment interest only repayment home loans have been reduced by 0.09% pa to 0.24% pa.

Existing members with variable rate home loans will receive confirmation of their new interest rate and new repayment amount or maturity date (whichever is applicable).

Effective Wednesday 30 October 2019

Savings and Transaction Accounts

We are also making changes to our Savings and Transaction Account rates, which you can view from the effective date.

If you have any questions please call (08) 7111 1364 or visit us at 400 King William Street, Adelaide.

This is general advice only and doesn’t take into account your objectives, financial situation or needs. Conditions, fees and lending criteria apply and are available on request.

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Call us on (08) 8202 7777 or visit us at 400 King William Street, Adelaide

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