Scoop News  
https://www.scoop.co.nz/stories/BU2504/S00189/kiwibank-rate-changes.htm


Kiwibank Rate Changes

Kiwibank is adjusting its home loan and business lending rates in response to today’s OCR changes.

Further details are available below.

Home Lending

Effective from:

ProductPrevious RateNew Rate
Term loan - Variable6.75%6.50%
Term loan – Offset variable6.75%6.50%
Revolving loan6.80%6.55%

Business Lending

Variable business lending rates will decrease by 0.25%. Impacted customers will be notified ahead of their rate changing.

Deposits

Effective from Monday 14 April

ProductPrevious RateNew Rate
90 Day Notice Saver3.60%3.35%
32 Day Notice Saver3.05%2.80%
ProductPreviousNew
Base rateBonus rateBase rateBonus rate
Standard Online Call2.75%0.00%2.50%0.00%
PIE Online Call2.75%0.00%2.50%0.00%
Business Online Call*2.75%0.05%2.50%0.05%

*Minimum balance of $2,000

Home Page | Business | Previous Story | Next Story

Copyright (c) Scoop Media