Posted Wednesday, 06 May 2015 at 01:42 by Shape Home Loans
Tagged: interest rates | news | Hint/Tip
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The RBA announced the cash rate would be cut by 25 basis points on Tuesday 5th May 2015.
Find out how much of the rate cut your bank is passing on and when.
**** This page will be updated on a daily basis ****
We have listed our top 21 lenders our of 42 that we are accredited with ( Please contact us if you require information on a bank that's not listed here)
Lenders ( Our top 21) | May 2015 Rate Cut | Effective date |
Adelaide Bank | -0.20 | 25/5/15 |
AMP | -0.20 | 25/5/15 |
ANZ | -0.25 | 8/5/15 |
Bank of Queensland ( BOQ) | -0.20 | 26/5/15 |
Bank of Melbourne | -0.20 | 18/5/15 |
Bankwest | -0.17 | 19/5/15 |
Citibank | -0.20 | 22/5/15 |
Commonwealth Bank (CBA) | -0.20 | 13/5/15 |
Gateway Credit Union | -0.20 | 19/5/15 |
Heritage Bank | -0.20 | 18/5/15 |
NAB | -0.20 | 15/5/15 |
ING Bank | -0.25 | 15/5/15 |
Macqauire Bank | -0.20 | 18/5/15 |
Me Bank | -0.25 | 22/5/15 |
NAB | -0.20 | 15/5/15 |
St George Bank / Bank SA | -0.20 | 18/5/15 |
Suncorp Bank | -0.20 | 15/5/15 |
The Rock Building Society | -0.20 | 29/5/15 |
Teachers Mutual Bank | -0.20 | 18/5/15 |
Westpac | -0.22 | 18/5/15 |
Wide Bay/ Aust Wide Bank | -0.22 | 22/5/15 |
Answers to the following common questions?
- How much of the May rate cut is ANZ passing on and when? 0.25% as of 8/5/15
- How much of the May rate cut is Bankwest passing on and when? 0.19% as of 19/5/15
- How much of the May rate cut is Commonwealth Bank (CBA) passing on and when? 0.20% as of 13/515
- How much of the May rate cut is NAB passing on and when? 0.20% as of 15/5/15
- How much of the May rate cut is Macqauire Bank passing on and when? 0.20 as of 18/5/15
- How much of the May rate cut is ING passing on and when? 0.25% as of 15/5/15
- How much of the May rate cut is St George Bank / Bank SA passing on and when? 0.20% as of 18/5/15
- How much of the May rate cut is Suncorp Bank passing on and when? 0.20% as of 15/5/15
- How much of the May rate cut is Rock Building Society passing on and when? 0.20% as of TBA
- How much of the May rate cut is Westpac passing on and when? 0.22% as of 18/5/15