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Bankwest is reducing its home loan standard variable rate for owner occupiers and investor variable rate by 0.10% p.a. effective Tuesday, 23 August 2016. The new standard variable rate for owner
occupiers is Bankwest’s lowest in 30 years and remains one of the most competitive in the market.
The standard variable rate for owner occupiers will decrease from 5.45% p.a. to 5.35% p.a. and the investor variable rate from 5.77% p.a. to 5.67% p.a.. In addition, Business lending variable
reference rates will decrease by 0.10% p.a..
Bankwest is also increasing the interest rate for the 3-month and 十二-month Term Deposit products to 3.00% p.a., effective from Tuesday, 9 August 2016.
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