07-Dec-2022 • Corporate
Following the Reserve Bank of Australia’s (RBA) decision to increase the cash rate by 0.25%, ME has today announced interest rate changes for home loan and savings customers.
From 10 December, ME will lift variable home loan interest rates by 0.25% per annum (p.a.) for new and existing customers.
ME understands the importance of savings and deposits rates with the current cost of living environment and is listening to customers by increasing rates in line with the cash rate increase on its popular Online Savings Account.
Support available for Customers
ME has a range of online resources available for customers including various calculators to help plan your budget.
ME is here to help customers experiencing financial difficulty and encourages customers to contact our dedicated support team for advice in tailoring a solution to meet their needs.
For existing home lending customers on a variable rate, ME will advise them of their new monthly repayment amount. ME encourages customers to call 13 15 63 if they require further assistance or support.
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Legal notes:
Interest rates from 10 December are subject to change. Terms, conditions, fees and charges apply. This is general information only and you should consider if these products are appropriate for you.