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For and with you
Corporate Announcements

Interest rate update - May 2025.

Recently the RBA announced a decrease to the cash rate.

4 minutes read
21 May 2025
Corporate Announcements

Following the RBA's decision to cut the official cash rate, Beyond Bank will decrease interest rates by:

  • 0.25% for variable owner-occupier and investor loans
  • 0.25% for variable commercial loans. 

Rates for the above products will change on 3 June 2025. 

For more information, please see our interest rate page from 3 June 2025. 

Your new rate and repayment information can be seen on our online banking platforms by selecting the loan in internet banking or on our mobile app from 4 June 2025. We will also contact customers directly with the information following the effective date by email or secure message.

How to update your payment.

For scheduled transfers from your Beyond Bank savings account:

  • Internet Banking: Login > Transfer/Pay > Scheduled Payments. Select your loan by clicking on the three dots on the right and update your repayment amount.
  • Mobile App: Login > Pay (from the menu bar on the top left) > Scheduled. Select your loan, click the Edit button on the bottom right and update your repayment amount.
  • Call us on 13 25 85
  • Visit your nearest branch.

For scheduled transfers from another financial institution, please call us on 13 25 85 to arrange an update. Alternatively you can complete our direct debit authorisation form and return it to your nearest branch.

We're here to help.

Beyond Bank has more than 275,000 customer-owners. 21,000 have loan accounts, and 16,000 hold term deposits. Because our customers own the bank, all monies generated by the organisation are reinvested into the business to provide products and services and maintain the bank’s strong capital position.

We are very mindful of cost-of-living pressures and their impact on people today, and that interest rates can have a significant influence on this. We will always take an approach based on working with our owner-customers in a caring and supportive way.

If you need assistance with your loans, please call 13 25 85, option 2 to speak to our specialist team.

For general tips and resources for your financial wellbeing, please visit beyondbank.com.au/financial-wellbeing.html

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