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When will your Bank pass on the Interest Rate Cut ?

August 6, 2013 in Insider Tips, Latest News, Rate Cuts by admin  |  Comments Off on When will your Bank pass on the Interest Rate Cut ?

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Listed below are the Interest Rate Cuts announced by the Banks following the Reserve Bank’s recent decision to reduce the Official Cash Rate by 0.25 bp to 2.50%

(Updated Daily)

 

Bank

Rate Cut

Effective Date

Adelaide Bank

0.25% p.a.

        26/8/2013
AMP

0.25% p.a.

        22/8/2013
ANZ

0.25% p.a.

        16/8/2013
Bank of Melbourne

0.25% p.a.

        19/8/2013
Bank of Queensland

0.25% p.a.

        27/8/2013
BankWest

0.25% p.a.

        19/8/2013
Bendigo

0.25% p.a.

        26/8/2013
Citibank

0.25% p.a.

        19/8/2013
Commonwealth

0.25% p.a.

        14/8/2013
Heritage

0.25% p.a.

        16/8/2013
Homeside

0.25% p.a.

        16/8/2013
ING

0.25% p.a.

        23/8/2013
Macquarie

0.25% p.a.

        23/8/2013
Me Bank (Members Equity)

0.25% p.a.

        23/8/2013
RAMS

0.25% p.a.

        12/8/2013
NAB

0.25% p.a.

        12/8/2013
St George

0.25% p.a.

        19/8/2013
Suncorp

0.25% p.a.

        26/8/2013
The Rock Building  Society

0.25% p.a.

        14/8/2013
Westpac

0.28% p.a.

        19/8/2013
Posted in Insider Tips, Latest News, Rate Cuts.