Which bank is passing on the May 2016 rate cut and how much

Posted Tuesday, 03 May 2016 at 15:43 by Shape Home Loans
Tagged: interest rates | news
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A list of the top banks and how much of the May 2016 RBA rate cut each bank are passing on and when?

The RBA announced the cash rate would be cut by 25 basis points on Tuesday 3rd May 2016.

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 22 lenders out of 57 that we are accredited with ( Please contact us if you require information on a bank that's not listed here) 

OO = Owners occuiper loan

IP = Investment property loan 

 Answers to the following common questions?

- How much of the May rate cut is ANZ passing on and when?  0.19% as of 13/5/2016

- How much of the May rate cut is Bankwest passing on and when? 0.20% as of 20/5/2016

- How much of the May rate cut is Commonwealth Bank (CBA) passing on and when? 0.25% as of 20/5/2016

- How much of the May rate cut is NAB passing on and when? 0.25% as of 16/5/2016

- How much of the May rate cut is Macqauire Bank  passing on and when?

- How much of the May rate cut is ING passing on and when? 0.25% as of 20/5/2016

- How much of the May rate cut is St George Bank / Bank SA passing on and when? 0.25% as of 23/5/2016

- How much of the May rate cut is Suncorp Bank passing on and when? 0.20% for OO and 0.15% for IP as of 25/5/2016

- How much of the May rate cut is Rock Building Society passing on and when?

- How much of the May rate cut is Westpac passing on and when? 0.25% as of 23/5/2016