Increase to investor lending interest rates
Suncorp Bank is committed to responsible lending practices. In line with regulatory requirements to moderate investor home loan growth, we are increasing the interest rate on existing and new variable rate investor loans, as at Monday, 31 August 2015.
Suncorp Bank’s Investment Standard Variable Rate and Variable Investment Access Equity Reference Rate will increase to 5.81% p.a. and its Investment Back to Basics Variable Rate will increase to 5.23% p.a. Variable rates on owner-occupied loans remain unchanged.
Suncorp Bank named Bank of the Year
Suncorp Bank has proven itself the genuine alternative to the big 4 and set a new challenge for Australia’s banks by winning Money magazine’s coveted Consumer Finance Bank of the Year Award. The award recognises the financial institution with the highest total score taken from six individual categories including home lending, personal lending, transactional accounts, business banking, margin lending and credit cards. Click here for more information
Our Bank CEO, John Nesbitt, has recorded a special thank you message in recognition of the support you provide to our customers. To view his message click here
Life of the loan interest rate discounts and fee savings
For your customers who are looking for a Standard Variable Loan or 3 Year Fixed Loan greater than $150,000 LVR <= 80% with P&I repayments (applicable for owner occupied only), Suncorp Bank is a providing competitive rates. Click here for full details.
Plus, we are waiving the annual package fee for the life of the loan for new lending > $150,000 saving new customers up to $11,250 (savings based on $375 p.a. over a 30 year loan term). Conditions Apply. For more information speak to your BDM or click here for our latest interest rates.