ANZ increases rates for savings and home loan customers

ANZ today announced it will increase variable interest rates for its Australian home loan and savings customers following the Reserve Bank of Australia’s decision to increase the official cash rate on Tuesday.

ANZ will increase all variable interest rate indexes for its Australian home loans by 0.50%pa from Friday 12 August 2022.

To help savings customers, ANZ will increase the rate on ANZ Plus Save account balances of less than $250,000 by 0.50%pa to 2.50%pa, currently a very competitive rate among the major banks. Customers can easily open an ANZ Plus account in a matter of minutes and access this new rate from Monday 8 August 2022. Visit ANZ Plus

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