Download presentation

Presentation is loading. Please wait.

Published byJocelyn Nicholas Modified about 1 year ago

1
Interest Rates Comparing the Interest Rates of Australia’s Major Banks

2
ANZ Australia and New Zealand Banking

3
Credit Cards ANZ provides and extensive range of credit card options. Some options (‘low interest rate’) have a 0.0% pa rate on balances for 6 months. Average rate is approximately 20.74% for purchases.

4
Home Loans Fixed Rate Begins at 6.84%pa and is 8.51%pa for 10 years. 1 to 5, 7 and 10 year fixed rate terms available. Variable Rate 7.41%pa is the current rate for variable. Loan term can reach a maximum of 30 years.

5
Personal Loans Personal Loan Variable and fixed rate available. Loan term spans 1 to 7 years. Borrow $5,000 minimum. Car Loan Loan term spans 1 to 5 years. Amount of finance must exceed $7,500.

6
Commonwealth Bank

7
Credit Cards Low-rate cards have rate of 13.24%pa. Other cards have rate of 20.49% on purchases. Student card offers rate of 19.99%

8
Home Loans Fixed Rate 1 to 5,7,10 or 15 year terms available. Rates begin at 7.09%pa and reach 8.54% with 15 years. Variable Rate Loan term may reach 30 years. Standard variable rate is currently 7.36%pa. Base variable rate is currently 6.85%pa.

9
Personal Loans Personal Loan All personal loans have an interest rate from 15.24%pa fixed and from 14.90%pa variable. Car Loan (Information in left hand column)

10
NAB National Australian Bank

11
Credit Cards Standard card has rate of 19.49%pa on purchases. Low rate Visa cards have rate of 13.24% on purchases.

12
Home Loans Fixed LoansVariable Loans

13
Personal Loans Personal LoanCar Loan Fixed rate ranges from 15.80% to 16.65% Variable rate ranges from 14.90% to 15.75%.

14
Westpac Western Pacific Banking

15
Credit Card Most credit cards from Westpac have an interest rate of 19.64%pa.

16
Home Loans Fixed Rate 1 to 5, 7 and 10 year terms available. Interest rate is 6.84%pa. Variable Rate Range of variable options. Variable rate is 6.81%pa for basic home loan.

17
Personal Loans Personal Loans carry an interest rate of 14.64%pa. Car Loan New cars have an interest rate ranging from 11.49% to 12.99%pa. Used cars range from 11.99% to 13.99%pa.

18
Wizard

19
Credit Cards Interest rate of 12.99%pa.

20
Home Loans Fixed Rate Standard fixed rate ranges from 6.64% to 7.79%pa. Loan must range from $50,000 to $100,000. Variable Rate Variable rates range from 7.19% to 7.36%pa. Loans must range from $100,000 to $350,000.

21
Personal Loans Loan rates start at 14.49%pa, and this is a fixed rate. Recommended borrowing amount is less than $3,000. Repayments may be made monthly, fortnightly or weekly. Car Loans Car rates start at 13.49%pa, this is also a fixed rate. Recommended borrowing amount is less than $3,000. Repayments may be made monthly, fortnightly or weekly.

Similar presentations

© 2017 SlidePlayer.com Inc.

All rights reserved.

Ads by Google