Defence Bank has a sub-4% credit card rate

Defence Bank has a credit card offer with an introductory rate of 3.99% p.a. for six months.

Appetite for new home loans wanes yet refinancing remains elevated

Heritage and People's Choice members agree to merge

The combination of the two would create an entity worth nearly $27 billion, eclipsing Great Southern Bank as the largest customer-owned bank in Australia.

Which banks increased term deposit rates this week? 17 Feb

Community First and Judo are the new market leaders in the 12-month space with rates of 4.50% p.a. and 4.45% p.a. respectively.

BOQ lifts savings account rate but still no 5%

Bank of Queensland lifted its popular 'Future Saver' account rate to 4.90% p.a. - an increase of 15 basis points.

Regulator launches probe as to why deposit rates haven't kept up with home loans

The average gulf between online savings account and variable owner occupier rates has widened by 157 basis points since May.

When will we see a 5% savings account rate?

Great Southern Bank moved up interest rates by 60 to 70 basis points - well ahead of competitors and of the RBA cash rate increase.

What are the top savings account rates following the RBA decision?

Compare savings accounts over 4.00% p.a. from ING, Macquarie Bank, BOQ, ANZ Plus, RaboBank, and more.

Qantas launches variable-rate home loan

One hundred thousand Qantas points are also up for grabs every year with the home loan.

What are the experts saying ahead of the RBA's cash rate decision in February?

Youth savings accounts push the envelope on rates

Australian Mutual Bank leads the pack, and has managed to increase by 50 basis points recently to offer a rate of 5.25% p.a.

Housing credit growth at near two-year low as rate rises bite

Reserve Bank data released Tuesday revealed housing credit growth for December rose 0.3% - the softest result since February 2021.

How did the big banks perform in 2022?

In 2022 CommBank was Australia's largest bank by most metrics, increasing the value of its assets by 9.49%.

AMP acquires fintech lender Nano's loan book

By the end of February customers will have more details on their transfer to an AMP Bank 'Blue' loan, with the transition taking place on 27 March.

NAB, CBA, hike term deposit rates but mutuals come out on top

G&C Mutual's 12-month rate is now a market-leading 4.50% p.a. with a $1,000 minimum deposit and interest payable at end of term.

Commonwealth Bank GoalSaver vs other savings accounts

CommBank's Goalsaver strikes a balance between a competitive interest rate, and few conditions. Compare it with Westpac, NAB, ANZ, ING, and more.

Which banks increased term deposit rates this week? 2 Feb

ANZ increased its 12-month rate by 10 basis points to 4.10% p.a.

Which banks' term deposit rates delivered an early Christmas present?

Many of the top term deposit rates for 12-months are from customer-owned banks such as Credit Union SA, Illawarra Credit Union, and Gateway Bank.

Neobank Alex granted unrestricted banking licence

Alex Bank currently offers personal loans, and a limited-release savings account offering 3.40% p.a. with the aim of opening this up to the public.

Which banks changed term deposit rates this week?

Which banks increased term deposit rates this week?

Credit Union SA pushed its one-year rate up by 25 basis points to 4.30% p.a.

New lending hit by rising interest rates, yet refinancing remains elevated

Monthly owner-occupier refinancing between lenders has remained above $12 billion since June 2022.

Interest rate hikes having their intended effect as credit growth slows

AMP bins one and two month term deposits

AMP announced that effective 29 November, it will permanently discontinue its one-month and two-month retail term deposits to new customers.