Archived News

Response to RBA rate change

Date: 9/10/2023

Description:

Following the Reserve Bank of Australia’s change to official cash rates, Queenslanders Credit Union has reviewed the interest rate offered on a number of our products and made the following changes:

– All variable rate mortgage secured loans will decrease by 0.20%p.a. This change will take effect from 23rd of October 2012 for existing loans;

– The interest rates on our GoSaver (S30) product will change to the following from 23rd October 2012

                    Balance $2,000 plus               4.05 % p.a.
                    Balance $0 – $1,999                0.00% p.a.

– The interest rates on our Money Maker (S5) product will also change to the following from 23rd October 2012

                    Balance $100,000 plus           3.70% p.a.
                    Balance $50,000 – $99,999    2.95% p.a.
                    Balance $20,000 – $49,999    2.45% p.a.
                    Balance $5,000 – $19,999      1.20% p.a.
                    Balance $0 – $4,999                 0.00% p.a.

 Should you wish to discuss this, or any other aspect of your banking with Queenslanders, please contact our member service team on 1800 753 377.




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