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Media Release

St.George announces changes to variable interest rates

24 March 2017

St.George Bank today announced changes to interest rates across a range of variable lending products for home owners and investors.

  • Variable home loan (owner occupier) rate will remain unchanged at 5.30% per annum for customers with principal and interest repayments;
  • Variable home loan (owner occupier) will increase by 0.08% to 5.50% per annum for customers with interest only repayments1;
  • Variable residential investment property loan rate will increase by 0.23% to 5.78% per annum for customers with principal and interest repayments1;
  • Variable residential investment property loan rate will increase by 0.31% to 5.98% per annum for customers with interest only repayments1;

St.George variable lending products for small businesses will also increase by 0.08%2.

Customers who wish to discuss these changes, and the options available to them, are encouraged to contact their local bank manager in branch, call 13 33 30, or visit www.stgeorge.com.au.

1 Changes are effective 08 May 2017.

2 Changes are effective 3 April 2017.              

Media Contact

Dianne Edwards
St.George Bank
M: 0421 623 014   
E: edwardsdi@stgeorge.com.au