Westpac Banking (ASX:WBC) has decreased interest rates for home loan and deposit customers following the Reserve Bank of Australia's decision to reduce the cash rate by 0.25% to 3.85%, according to a Wednesday statement.
The bank will decrease home loan variable interest rates for new and existing customers by 0.25% per year, effective June 3, and decrease the Westpac Life total variable rate for deposit customers by 0.25% per year to 4.50% per year, effective May 30.
The bank will decrease the total variable rate with a 5-month introductory rate by 0.25% p.a. to 4.50% p.a. for new customers applying online under the bank's eSaver accounts, effective May 30.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。