Macquarie Credit Union is reducing Variable Home Loan Interest Rates by 0.20%, this will come into affect for all existing loans as of 1st May. Additionally, our fixed rates have also been recently reduced by up to 0.18%. For full details on these changes click to visit our Loan Interest Rates.
In an unprecedented time, we are balancing the vital need to reduce costs for all borrowers, meanwhile considering the returns needed by our depositors, many of whom are retirees.
Our Savings and Term Deposit interest rates have also been reduced. Term Deposits up to 0.10% and up to 0.15% on some savings accounts, these changes will come into affect on the 6th April. For full details on these changes click to visit our Deposit Interest Rates.