Below are interest rates for our deposit accounts, home loans as well as our older 'grandfathered' accounts.
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Everyday Banking
Everyday Options
| Minimum Balance | Annual Interest Rate |
|---|---|
| $0.01 and over |
0.01% p.a. |
Interest is calculated daily and paid half yearly.
Everyday Options Sub-Account
| Minimum Balance | Annual Interest Rate |
|---|---|
| $0.01 and over (excluding flexiRate balances) |
3.00% p.a. |
Interest Rates Effective 9 May 2013.
Variable interest rate. Interest is calculated daily. Standard interest is paid monthly.
55 Plus Account
| Minimum Balance | Annual Interest Rate |
|---|---|
| $45,400 and over |
4.00% p.a. |
| $2000 - $45,399 |
2.50% p.a. |
| $0 - $1,999 | 0.01% p.a. |
Interest Rates Effective 28 March 2013.
Interest is calculated daily and paid monthly on a stepped basis.
You are paid interest for that part of your account balance that falls within each range, at the rate applicable to that range.
Everyday Basics
| Minimum Balance | Annual Interest Rate |
|---|---|
| $0.01 and over | No Interest |
Savings Accounts
eOptions
| Interest Type | Annual Interest Rate |
|---|---|
| Standard Interest (excluding flexiRate balances) |
2.75% p.a. |
Interest Rates Effective 9 May 2013.
Variable interest rate. Interest is calculated daily. Standard interest is paid monthly.
Kids Savings Account
| Minimum Balance | Standard Rate | Bonus Rate | *With Bonus Interest |
|---|---|---|---|
| $0.01 and over | 1.50% p.a. | 2.50% p.a. | 4.00% p.a. |
Interest Rates Effective 9 May 2013.
Interest is calculated daily and paid monthly.
*Bonus interest is paid when at least $20 in combined deposits is made each month and when no more than one withdrawal is made per month.
flexiRates
Below flexiRates are applicable for 55+ accounts, Everyday Options sub accounts and eOptions accounts.
flexiRates
| Interest Type | Annual Interest Rate |
|---|---|
| 3 months | 4.05% p.a. |
| 6 months | 3.90% p.a. |
| 12 months# | 3.75% p.a. |
| 5 months special | 4.50% p.a. |
Interest Rates are Effective 18 June 2013.
Alternatively, you can choose your own end date, just log onto Internet Banking for today's rates.
Interest is calculated daily on the whole balance of the nominated flexiRate amount and paid at the end of the flexiRate period. flexiRate interest is fixed for the nominated flexiRate period. The maximum flexiRate period is 1 year. An interest adjustment will apply if we allow you to release your flexiRate early.
Term Deposit
| Term | Interest Paid | $1,000-$9999 | $10,000-$24,999 | $25,000-$49,999 | $50,000+ |
|---|---|---|---|---|---|
| 1 Month | Maturity | 1.20% p.a. | 2.70% p.a. | 3.50% p.a. | 3.70% p.a. |
| 2 Months | Maturity | 1.30% p.a. | 2.80% p.a. | 3.60% p.a. |
3.80% p.a. |
| 3 Months | Maturity | 1.30% p.a. | 2.80% p.a | 3.60% p.a. | 3.80% p.a. |
| 4 Months | Maturity | 1.65% p.a. | 4.15% p.a. | 4.15% p.a. | 4.15% p.a. |
| 5 Months | Maturity | 1.30% p.a. | 2.80% p.a. | 3.60% p.a. | 3.80% p.a. |
| 6 Months | Maturity | 1.30% p.a. | 2.80% p.a. | 3.60% p.a. | 3.80% p.a. |
| 7 Months | Maturity | 1.70% p.a. | 4.20% p.a. | 4.20% p.a. | 4.20% p.a. |
| 8 Months | Maturity | 1.30% p.a. | 2.80% p.a. | 3.60% p.a. | 3.80% p.a. |
| 9 Months | Maturity | 1.30% p.a. | 2.80% p.a. | 3.60% p.a. | 3.80% p.a. |
| 10 Months | Maturity | 1.30% p.a. | 2.80% p.a. | 3.60% p.a. | 3.80% p.a. |
| 11 Months | Maturity | 1.30% p.a. | 2.80% p.a. | 3.60% p.a. | 3.80% p.a. |
| 12 Months | Maturity | 1.65% p.a. | 4.15% p.a. | 4.15% p.a. | 4.15% p.a. |
| 24 Months | Yearly | 1.70% p.a. | 3.20% p.a. | 4.00% p.a. | 4.20% p.a. |
| 36 Months | Yearly | 1.80% p.a. | 3.30% p.a. | 4.10% p.a. | 4.30% p.a. |
| 48 Months | Yearly | 1.80% p.a. | 3.30% p.a. | 4.10% p.a. | 4.30% p.a. |
| 60 Months | Yearly | 2.00% p.a. | 3.50% p.a. | 4.30% p.a. | 4.50% p.a. |
Interest Rates Effective 18 June 2013.
Minimum investment $1,000.
Negotiated Rates available for amounts over $100,000.
Interest paid at maturity for terms up to 12 months.
Monthly interest payments are available on all terms from 2-60 months at 0.30% p.a. below the rates listed in the table above.
Quarterly interest payments are available on all terms 6-60 months at 0.25% p.a. below the rates listed in the table above.
Semi-annual interest payments are available on all terms 12-60 months, at 0.15% p.a. below the rates listed in the table above.
Yearly interest payments are available on terms 18-60 months.
An Interest adjustment will apply for early withdrawals.
Investment Accounts
Cash Management
| Minimum Balance | Annual Interest Rate |
|---|---|
| $500,000 plus |
2.55% p.a. |
| $100,000- $499,999 |
2.15% p.a. |
| $50,000 - $99,999 | 0.30% p.a. |
| $20,000 - $49,999 | 0.20% p.a. |
| $5,000 - $19,999 | 0.20% p.a. |
| $0 - $4,999 | 0.01% p.a. |
Interest Rates Effective 9 May 2013.
Interest is calculated daily and paid monthly on a tiered basis.
Wealth Cash Management
| Minimum Balance | Annual Interest Rate |
|---|---|
| $100,000 + | 2.75% p.a. |
| $20,000 - $99,999 | 1.95% p.a. |
| $1 - $19,999 | 0.55% p.a. |
Interest Rates Effective 9 May 2013.
Interest is calculated daily and paid monthly on a tiered basis.
This account is not part of Suncorp Bank’s standard deposit product offering. You can apply for this account if you open a Suncorp Share Trade account.
Quick Links
Home Loans
Standard Variable
| Interest Rate | Comparison Rate* |
|---|---|
| 6.24% p.a. | 6.39% p.a. |
Rates effective 24 May 2013, but are subject to change.
A Combined Value Discount is available on your new Standard Variable Home Loan based on the combined total of eligible home loans you hold. Please refer to a Suncorp Bank Home Loan Specialist for more information.
- 0.50% p.a. off the Standard Variable interest rate for new home loans between $150,000 - $249,999.
- 0.70% p.a. off the Standard Variable interest rate for new home loans of $250,000 and above.
Access Equity (Line of Credit)
| Home Loan | Interest Rate |
|---|---|
| Access Equity | 6.34%p.a. |
A Combined Value Discount is available on your new Access Equity (Line of Credit) based on the combined total of eligible home loans you hold. Please refer to a Suncorp Bank Home Loan Specialist for more information.
- 0.50% p.a. off the Access Equity (Line of Credit) interest rate for new home loans between $150,000 – $249,999
- 0.70% p.a. off the Access Equity (Line of Credit) interest rate for new home loans of $250,000 and above
Back to Basics
| Home Loan | Interest Rate | Comparison Rate* |
|---|---|---|
| Back to Basics | 5.66% p.a. | 5.71% p.a. |
| For borrowings < 90% of the property value | 5.41% p.a.^ | 5.46% p.a. |
| For borrowings >= 90% of the property value | 5.51% p.a.^^ | 5.56% p.a. |
Rates effective 11 June 2013 but are subject to change.
Bridging Loan
| Interest Rate | Comparison Rate* |
|---|---|
| 6.39% p.a. | 6.51% p.a. |
Rates effective 24 May 2013 but are subject to change.
Fixed Home Loans
| Home Loan | Interest Rate | Comparison Rate* |
|---|---|---|
| 1 Year Fixed | 5.30% p.a. | 6.30% p.a. |
| 2 Year Fixed | 5.40% p.a. | 6.23% p.a. |
| 3 Year Fixed | 5.09% p.a. | 6.07% p.a. |
| 5 Year Fixed | 5.85% p.a. | 6.22% p.a. |
Rates effective 24 May 2013, but are subject to change.
Reverts to the Standard Variable Loan rate at the expiry of the Fixed Rate period.
You can receive a discount on your loan when you include it in the Home Package Plus.
Home Package Plus
| Home Loan | Discount~# | Interest Rate | Comparison Rate* |
|---|---|---|---|
| Standard Variable $250,000-$499,999 | 0.90% p.a. | 5.34% p.a. | 5.70% p.a. |
| Standard Variable $500,000 and above | 1.00% p.a. | 5.24% p.a. | 5.61% p.a. |
| Access Equity (Line of Credit) $250,000-$499,999 | 0.90% p.a. | 5.44% p.a. | n/a |
| Access Equity (Line of Credit) $500,000 and above | 1.00% p.a. | 5.34% p.a. | n/a |
| 1 Year Fixed | 0.15% p.a | 5.15% p.a. | 6.48% p.a |
| 2 Year Fixed | 0.15% p.a. | 5.25% p.a. | 6.40% p.a. |
| 3 Year Fixed | 0.15% p.a. | 4.94% p.a. | 6.23% p.a. |
| 5 Year Fixed | 0.15% p.a. | 5.70% p.a. | 6.36% p.a. |
Rates effective 4 June 2013, but are subject to change.
Reverts to the Standard Variable Loan rate at the expiry of the Fixed Rate period
Interest in Advance Home Loans
| Home Loan | Interest Rate | Comparison Rate* |
|---|---|---|
| 1 Year Interest in Advance | 5.15% p.a. | 6.55% p.a. |
| 3 Year Interest in Advance | 4.94% p.a. | 6.34% p.a. |
| 5 Year Interest in Advance | 5.70% p.a. | 6.45% p.a. |
Rates effective 24 May 2013, but are subject to change.
Applies to interest paid annually in advance.
Things you should know
Rates are applicable to both personal purposes and investment home loans unless otherwise specified.
Loans to approved applicants only. Fees, charges, terms and conditions apply and are available on request.
Rates are applicable to fully documented lending only; please refer to a Suncorp Bank Home Loan Specialist for information regarding Low Doc Home Loans.
*Each comparison rate is based on $150,000 over 25 years.
WARNING: These comparison rates apply only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
^Discount of 0.25% p.a.to the Back to Basics Variable Rate available for new Back to Basics Variable Home loans of $150,000 or more (Low Doc loans excluded) where borrowings are less than 90% of the security property value. The discounted rate offer may be withdrawn by the Bank at any time before a loan contract is entered and is subject to change.
^^Discount of 0.15% p.a. to the Back to Basics Variable Rate available for new Back to Basics Variable Home loans of $150,000 or more (Low Doc loans excluded) where borrowings are more than or equal to 90% of the security property value. The discounted rate offer may be withdrawn by the Bank at any time before a loan contract is entered and is subject to change.
~ The Home Package Plus Standard Variable Rates and Access Equity Rates are only available when loan included in a Home Package Plus. Discounted Rate Offer 1 of 0.90% p.a. or Discount Rate Offer 2 of 1.00% p.a. are applied to the standard rate for that product. Only available to approved new home loan applicants who enter into a Home Package Plus and submit a fully completed loan application. Discounted Rate Offer 1 applies to loans between $250,000 to $499,999 where borrowings are less than or equal to 80% of security property value (Low Doc Loans excluded). Discounted Rate Offer 2 applies to loans over $500,000 where borrowings are less than or equal to 80% of security property value (Low Doc loans excluded). Discounted rate may be changed/removed if customer varies the loan during its life and/or fails to maintain a Home Package Plus. The discounted rate offer may be withdrawn by the Bank at any time before a loan contract is entered.
#Approved applicants only. Fees, charges, terms and conditions apply. The discounted rate offer of 0.15%p.a. is applied to the standard Fixed Interest Rate only when the Fixed Rate home loan is included in a Home Package Plus. Applies only where borrowings are less than or equal to 80% of security property value (Low Doc loans excluded) (‘Discounted Rate’).
Discount Margins are current as at 11 June 2013 and may be withdrawn or varied at any time. Loan rate (including discounted rate) reverts to the standard variable home loan rate at the expiry of the fixed rate period. Rates and discount subject to change.
Share Loan
Margin Loans
| Loan Type | Annual Percentage Rate |
|---|---|
| Variable - $0 - $499,999 | 8.24% p.a. |
| Variable - $500,000 plus | 7.99% p.a. |
| 3, 6, 9 Month Fixed Rate - $0 - $499,999 | 8.35% p.a. |
| 3, 6, 9 Month Fixed Rate - $500,000 plus | 8.10% p.a. |
| 1 Year Fixed Rate - $0 - $499,999 | 7.60% p.a. |
| 1 Year Fixed Rate - $500,000 to $999,999 | 7.40% p.a. |
| 1 Year Fixed Rate - $1,000,000 plus | 7.20% p.a. |
| 2 Year Fixed Rate - $0 - $499,999 | 9.60% p.a. |
| 2 Year Fixed Rate - $500,000 plus | 9.50% p.a. |
Interest Rates Effective 14 January 2013, but are subject to change. Customers looking for Margin Lending Fixed Loan rates greater than 2 years, please contact the Account Management Team on 1800 805 972
You can receive a discount on your loan when you include it in the Home Package Plus.
Home Package Plus - Margin Loans
| Loan Type | Discount^ |
|---|---|
| Variable Margin Loan | 0.25% p.a. |
| Fixed Margin Loan | 0.25% p.a. |
Discount effective 17 November, but are subject to change. ^Discounted rate offer of 0.25% p.a. only available to Variable and Fixed Rate Margin Loans when included in the Home Package Plus. Minimum Margin Loan amount of $20,000 applies. The discounted rate offer may be withdrawn by the Bank at any time before a loan contract is entered.
Personal Finance
Loans to approved applicants only. Fees, charges, terms and conditions apply and are available on request.
Personal Loan - Unsecured
| Loan Amount | Annual Percentage Rate | Comparison Rates* |
|---|---|---|
| $5,000 and over Personal loan interest rates can change at any time prior to a loan being funded (settlement) after which time the rate will be fixed for the Fixed Interest Period. |
12.99% p.a. | 15.27% p.a. (based upon $10,000 over 3 years) |
| $5,000 and over Personal loan interest rates can change at any time prior to a loan being funded (settlement) after which time the rate will be fixed for the Fixed Interest Period. |
12.99% p.a. | 13.58% p.a. (based upon $30,000 over 5 years) |
Rates effective 1 October 2012, but are subject to change.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Personal Loans - Secured
| Loan Type | Annual % Rate | Comparison % Rate |
|---|---|---|
| Secured Loan | 7.95% p.a. | 8.55% p.a. (based on $30,000 over 5 years) |
Establishment fee of $175.00
Interest Rate Effective 1 June 2013.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Personal Overdraft
| Loan Type | Annual Interest Rate |
|---|---|
| Formal |
16.75% p.a. |
| Informal Casual Overdraft Reference Rate |
19.75% p.a. |
Rates effective 13 March 2008, but are subject to change.
Clear Options Credit Cards
For interest rates and details on our Clear Options Credit Cards please click here
Older Deposit Accounts
(Note these accounts are not available to new customers.)
Download the Schedule of Fees and Charges
Everyday Options – Unlimited Transaction Plans
| Minimum Balance | Annual Interest Rate |
|---|---|
| $0.01 and over | 0.01% p.a. |
Not available for new account opening. Interest is calculated daily on the whole of the balance.
Everyday Options - Electronic Transaction Plan
| Minimum Balance | Annual Interest Rate |
|---|---|
| $0.01 and over | 0.01% p.a. |
Not available for new account opening. Interest is calculated daily on the whole of the balance.
Everyday Options – Staff Assisted Transaction Plan
| Minimum Balance | Annual Interest Rate |
|---|---|
| $0.01 and over | 0.01% p.a. |
Not available for new account opening. Interest is calculated daily on the whole of the balance.
Passbook Account
| Minimum Balance | Annual Interest Rate |
|---|---|
| $0.01 and over | 0.05% p.a. |
Interest is calculated daily. Not available for new account opening.
Home Loan Reducer Account
| Minimum Balance | Annual Loan Reducer Amount |
|---|---|
| $50,000 and over | 1.20% p.a. |
| $5,000 - $49,999 | 0.70% p.a. |
| $1,000 - $4,999 | 0.25% p.a. |
| $1-$999 | 0.05% p.a. |
This product is not available for new loans
Benefits accrue daily and are offset against loan balance when interest charged is calculated.
Investor Account (previously Premium Cash Mgmt)
| Minimum Balance | Annual Interest Rate |
|---|---|
| $100,000 and over | 3.00% p.a. |
| $50,000 - $99,999 | 1.50% p.a. |
| $20,000 - $49,999 | 1.00% p.a. |
| $5,000 - $19,999 | 0.01% p.a. |
This product is not available for new account opening.
Interest is calculated daily on the whole of the balance on a tiered basis and paid weekly.
Everyday Saver Account
| Minimum Balance | Annual Interest Rate (without bonus) |
|---|---|
| $0.01 and over | 0.01% p.a. |
This product is not available for new account opening.
0.75% p.a. bonus interest applies if there are no withdrawals and at least $40 deposited each month.
Interest is calculated daily on the whole of the balance and paid quarterly.
No Longer for Sale Home Loans
Note these accounts are not available to new customers.
Asset Line (Line of Credit)
| Home Loan | Interest Rate |
|---|---|
| Asset Line (Line of Credit) |
6.24%p.a. |
Interest Rate Effective 24 May 2013.
Professional Package
| Loan Type | Annual Percentage Rate |
|---|---|
| Professional Asset Line |
6.24% p.a. |
| Professional Ready Access |
5.94% p.a. |
These products are not available for new loans. Interest Rates effective 24 May 2013
Reverse Mortgage#
| Loan Type | Reference Rate | Comparison Rate |
|---|---|---|
| Variable | 7.64% p.a. | 7.67% p.a. (based upon $150,000 over 25 years) |
Interest Rates effective 11 June 2013. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
This rate is valid, and intended solely for, customers with an existing loan. This rate is not available or intended for people seeking to extend their credit or enter into new credit contracts in the future. #Reverse Mortgages are provided by Reverse Mortgage Services Pty Ltd, Australian Credit Licence 389812 (ABN 87 114 594 080).
These products are not available for new loans
Ready Access
| Loan Type | Reference Rate |
|---|---|
| Ready Access |
6.34% p.a. |
Interest Rate effective 24 May 2013.
These products are not available for new loans