Regional bank reduces rates

Effective immediately, the regional bank’s three- and five-year fixed home loan rates have been reduced to 4.44 per cent and 4.74 per cent respectively.

Suncorp's three- and five-year fixed interest-in-advance rates have been cut to 4.29 per cent and 4.59 per cent, while the group’s Home Package Plus product now has three- and five-year fixed rates available at 4.29 per cent and 4.59 per cent.

Suncorp Bank head of intermediaries Steven Degetto said the bank’s latest rates were some of the best in the market and further bolster its competitive home lending proposition.

“As Australia’s leading regional bank, we are committed to supporting Australians to achieve their financial goals,” he said.

“Our diverse suite of home lending products ensures all our customers have access to a product that best meets their individual circumstances.”

Mr Degetto added that Suncorp Bank continues to offer a waiver of the annual Home Package Plus product for the life of the loan – saving new customers, with loans of $150,000 or more, up to $11,250.

Written by Staff reporter

Last Updated: 09 March 2022

Published: 14 April 2015