Following the decision by the Reserve Bank of Australia to increase the official cash rate, QBANK will increase interest rates on all variable rate home loans for owner occupiers and investors by 0.25% per annum.
The variable home loan interest rate increase will be effective from 18 February 2026.
QBANK Members with a variable rate home loan will receive a notice in the mail over the coming weeks confirming their new rate and repayment requirements.
QBANK will also be increasing interest rates on a range of deposit products from 10 February 2026. Depositors are encouraged to check the QBANK website on the effective date for updated interest rates.
As a Member-owned bank, QBANK is committed to balancing the interests of borrowers and depositors and ensuring the Bank’s financial sustainability.
For further information please call 13 77 28 or email info@qbank.com.au.
