5 Apr 2024
Rates Announcement- 5 April
We’re excited to announce that starting April 5th, 2024, we’re boosting our interest rates for our 4-month Term Deposits* by 0.25 p.a.! This means more returns on your money when you choose to save with us for a little longer. Take a look at our updated rates here. *Terms and conditions apply and are available here.
27 Mar 2024
Rates Announcement- 28 March
We’ve got some exciting news to share! Starting March 28th 2024, we’re lowering the interest rates on our two and three-year fixed rates for our First Home Loan product*. New members may be eligible for our two-year fixed rate of 5.79% p.a. with a comparison rate of 5.91% p.a. or our three-year fixed rate of 5.59% p.a. […]
20 Mar 2024
Rates Announcement- 21 March
Buying your first home? We’ve got some exciting news to share! Starting March 21st, 2024, we’re making it even easier for you to achieve homeownership by lowering the interest rates on our First Home Loan.* For new eligible customers, we’re rolling out a fantastic low variable rate of 5.84% p.a. and a comparison rate of 5.92% p.a.*! And […]
22 Dec 2023
Rates Announcement – 2nd January
We are increasing some interest rates on two of our savings products effective January 1, 2024. Bonus Saver – Bonus rates on our Bonus Saver account are going up by 0.25%, increasing the interest rate to 4.50% p.a. (subject to eligibility criteria) Saving Plus –The interest rates will increase in the $100,000-$249,000 tier of our […]
12 Dec 2023
Transforming the bank…
Police Bank has been on a necessary journey of renewal. While the first phase was to stabilise and then improve the culture, financial performance, and risk management practices of the bank, it also included planning for the transformation of the bank’s technology systems and offerings. The technological transformation remains critical because even though banking is […]
12 Dec 2023
Scams Awareness Week: Targeting impersonation scams
With most scams involving a form of impersonation, Scamwatch is warning Australians and are urging you take additional precautions towards who you’re dealing with this November. As the national and personal cost of scams continues to skyrocket across the country, this year’s Scams Awareness Week is drawing attention to one of the most common forms […]
12 Dec 2023
The way we bank is transforming rapidly; 9 trends you should know about
The way most people pay for goods and services and do their banking has evolved radically over the past decade and the pace of change has only accelerated in the wake of the COVID pandemic. Here we look at some of the key banking trends and what they might mean for you. Rapid changes have […]
22 Nov 2023
Rates Announcement – 24th November
Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate on all Variable rates by 0.25%, all Fixed Rates, Owner occupiers, Investment, P&I and IO by 0.30%, 0.40% and 0.80% before 24th of November. What’s Changing: For new borrowers: Effective 24th November 2023, we will increase the interest rates for new variable […]
16 Oct 2023
Rates Announcement – 17th October
We have exciting news to share regarding some Interest Rate changes to our First Home Loan Fixed Rate IO and P&I products. These changes will be effective on the 17th October 2023. Please visit our Home Loan page and interest rate page to find out more. Home Loan
10 Jul 2023
Rates Announcement – 10th July
We have some fantastic news for our term deposit members, we are increasing our 12 Month Term Deposit rates effective 10 July 2023 by 0.25% p.a. This rate increase will appeal to members who are looking for a higher interest rate and are comfortable locking their funds in an account for a fixed period of […]
28 Jun 2023
Rates Announcement – 28th June
We have news regarding some Interest Rate changes to our Home Loans, Personal Loans & Term Deposits. These changes will be effective on the 28th June 2023 Increasing all Variable Home Loan and Personal Loans by 0.25% affecting repayments from 1st August 2023 Home Loan –Increasing all Variable rates excluding First Home Loan by 0.25% […]
1 Jun 2023
Rates Announcement – 1st June
We would like to let you know that we have exciting news regarding some savings account rate increases to our Retirement Plus and Bonus Saver accounts. These savings account changes will be effective from the 1st June 2023. Retirement Plus: On the 1st June 2023 we will be increasing the rate by 0.30%. The total […]
19 May 2023
Rates Announcement – 19th May
We are increasing our 3, 6 & 12-month Term Deposits by 0.25% p.a. effective 19th May 2023. Information about the new rates is available here. We are here to help, and we encourage any member who may need help to get in touch with our team on 132 267 so we can tailor a financial […]
16 May 2023
Rates Announcement – 16th May
Following the Reserve Bank of Australia’s (RBA) May decision to raise the official cash rate by 0.25% p.a we have increased our variable home loan rates (excluding First Home Loans) by 0.25% p.a. effective on the 16th May 2023 for new business only. For existing borrowers, effective 1 June 2023, we will be increasing all […]
4 May 2023
Rates Announcement – 4th May
We would like to let you know that we have some exciting news regarding the decrease of our variable & fixed home loan rates which are effective on the 4th of May. Variable Home Loan RatesEffective 4th May 2023, members that have a variable home loan account will see the below changes: First Home Loan […]
1 May 2023
Rates Announcement – 1st May
We’re really pleased to let you know that we’re increasing the interest rates on our U30 Super Charge savings account. U30 Super Charge Effective 1st May 2023, members that own a U30 Super Charge savings account will see a 0.05% rate increase. Members can achieve this rate across a maximum of three sub-accounts and a […]
6 Apr 2023
Rates Announcement – 6th April
We’re really pleased to let you know that we’re increasing the interest rates on some of our Term Deposit accounts. Term Deposit Effective 6th April 2023,members that own a 3, 4 & 6 month Term Deposit account will see an increase to their rate. We will be increasing the Term Deposit rate for our 3 […]
1 Apr 2023
Rates Announcement – 1st April
We’re really pleased to let you know that we’re increasing the interest rates on our Bonus Saver and Retirement Plus accounts. Bonus Saver Effective 1st April 2023, members that own a Bonus Saver account will see an increase to their rate. We will be increasing the Bonus Rate for our Bonus Saver account by 0.25%. […]
23 Mar 2023
Rates Announcement – 23rd March
Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.25% to 3.60% on March 7th, we have been reviewing the balance between passing on the interest rate rise to our borrowers as well as our deposit holders. Variable Home Loans:Effective 23rd March 2023 ,we have increased the interest rates for […]
28 Feb 2023
Rates Announcement – 28 February
Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.25% to 3.35% on February 7th, we have been reviewing the balance between passing on the interest rate rise to our borrowers, term deposit holders, and members with savings accounts. Home Loans:Effective 28 February 2023 we have increased the interest rates […]
17 Feb 2023
Rates Announcement – 17th February
Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.25% to 3.35% on February 7th, we have been reviewing the balance between passing on the interest rate rise to our borrowers, term deposit holders, and members with savings accounts. Term Deposit: We have increased our 3-month Term Deposit rates by […]
16 Nov 2022
Rates Announcement – 16th November
Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.25% to 2.85% on November 1st, we have been reviewing the balance between passing on the interest rate rise to our borrowers as well as our deposit holders. Home Loans Effective 15 November, we have increased the interest rates for new […]
24 Oct 2022
Rates Announcement – 24th October
Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.25% to 2.60% on October 4th, we have been reviewing the balance between passing on the interest rate rise to our borrowers as well as our deposit holders. Home Loans Effective 24 October, we will be increasing the interest rate for […]
12 Oct 2022
Rates Announcement – 12th October
Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.25% to 2.60% on October 4th, we have been reviewing the balance between passing on the interest rate rise to our borrowers as well as our deposit holders. Savings Accounts Effective 12 October, we will be increasing the rate for our […]
28 Sep 2022
Rates Announcement – 28th September
Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.50% to 2.35% on September 6th, we have been reviewing the balance between passing on the interest rate rise to our borrowers and deposit holders. Effective September 28 we will be increasing our interest rates for our Home Loan products for […]
21 Sep 2022
Rates Announcement – 21st September
Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.50% to 2.35% on September 6th, we have been reviewing the balance between passing on the interest rate rise to our borrowers as well as our deposit holders. Home Loans Effective 1 October, we will be increasing the Interest rate for […]
24 Aug 2022
Rates Announcement – 24th August
Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.50% to 1.85% on August 2nd, we have been reviewing the balance between passing on the interest rate rise to our borrowers as well as our deposit holders. Home Loans Effective 7 September, we will be increasing the Interest rate for […]
14 Jul 2022
Rates Announcement – 14th July
Following the Reserve Bank of Australia’s (RBA) July 2022 decision to raise the cash rate by 0.50%, we have been reviewing the balance between passing on the interest rate rise to our borrowers, while also considering our deposit holders. Border Bank has made the decision to raise the variable interest rate for home loan borrowers […]
12 Jul 2022
Update to our Financial Services Guide and Terms and Conditions
Effective Wednesday 13 July 2022, we will be updating our Financial Services Guide and website to incorporate the changes listed below. The changes predominantly involve the separation of our Financial Services Guide and our Terms and Conditions. Our Financial Services Guide. Our Terms and Conditions The latest versions of our Financial Services Guide and Terms […]
5 Jul 2022
Rates Announcement – 5th July
The team at Border Bank is currently reviewing the RBA’s decision on Tuesday July 5, 2022 to increase the cash rate by 50 basis points. As with any rate decision, we will carefully consider the potential impact of changes on our members. We will communicate any changes we make in the coming days. Border Bank […]
22 Jun 2022
Rates Announcement – 22nd June
Following the Reserve Bank of Australia’s (RBA) June 2022 decision to raise the cash rate by 0.50%, we have been reviewing the balance between passing on the interest rate rise to our borrowers, while also considering our deposit holders. Border Bank has made the decision to raise the variable interest rate for home loan borrowers […]