ANZ today announced it will lift its variable interest rates for its home loan customers and savings rate for the ANZ Plus Save account following the Reserve Bank of Australia’s decision to increase the official cash rate today.
ANZ will increase variable interest rates across its Australian home loans by 0.25%pa from Friday 14 October 2022.
ANZ Group Executive Australia Retail, Maile Carnegie said: “We know our customers have been impacted differently by the cost of living and rate changes in recent months. Our experienced teams, as well as tools like our home loan repayment calculator and free home loan check-in, are available to customers to help them better understand these changes.
“Customers who may be facing difficulties are strongly encouraged to reach out to us as soon as they can so we can discuss personalised options to support them through this time,” Ms Carnegie said.
To help customers reach their savings goals, ANZ will increase the rate on the ANZ Plus Save account, for balances less than $250,000, by 0.25%pa to 3.25%pa. An ANZ Plus account can be opened in a matter of minutes and this new rate will be effective from Wednesday 12 October 2022. Visit ANZ Plus
