Our special home loan rates.
FirstHome Combo
4.29%
per annum
1 year fixed
Apply onlineAvailable only to first home buyers.
Additional lending fees apply.
Specific lending, account and eligibility criteria and Standard Contract Terms along with Credit Fees and Charges apply. These rates are only available for Residential Home Loans with at least 20% equity and Residential Investing Lending with at least 30% equity, or First Home Loans with at least 5% equity. All rates are subject to change.
FirstHome Combo Rates
Floating rate effective for new lending 29 May 2025, existing lending 29 June 2025.
| Term | Standard Rates P.A. |
|---|---|
| 1 year | 4.29% |
| Residential Floating Rate discount of 2.55% * | 3.94% |
* For Construction lending for first home buyers only
Home loan rates
Floating rate effective for new lending 29 May 2025, existing lending 29 June 2025.
| Term | Special Rates P.A.* | Standard Rates P.A. |
|---|---|---|
| Residential Floating Rate / First Home Loan Floating Rate ** | 6.49% | |
| Residential Investing Floating Rate ** | 6.99% | |
| 6 months | 5.36% | 5.96% |
| 1 year | 4.89% | 5.49% |
| 18 months | 4.89% | 5.49% |
| 2 years | 4.95% | 5.55% |
| 3 years | 5.09% | 5.69% |
| 4 years | 5.39% | 5.99% |
| 5 years | 5.39% | 5.99% |
| Default interest Rate *** | 8.00% | 8.00% |
* These rates are only available for Residential Home Loans with at least 20% equity and Residential Investing Lending with at least 30% equity, or First Home Loans with at least 5% equity.
** Effective rate for new customers from 29 May 2025. Effective rate for existing customers from 29 June 2025.
*** Charged above the Home Loan Rate on the default amount if you do not make a payment when it is due.
FirstHome Combo: Rate and discount are for first home buyers only and are subject to change. First Home Loan, residential lending and eligibility criteria, and minimum equity apply. Lending Standard Contract Terms and FirstHome Combo Terms and Conditions along with Credit Fees and Charges (including a 1.20% First Home Loan Premium Fee for First Home Loans) also apply and are available on request and free of charge by clicking the above links, from any branch of SBS Bank, or by calling us on 0800 727 2265.
Home loans: These rates apply to Residential Investing lending and Residential Home Loans only, excluding Reverse Equity Mortgages, and are subject to change. Specific lending and eligibility criteria apply. Lending Standard Contract Terms along with Credit Fees and Charges also apply and are available on request and free of charge by clicking the above links, from any branch of SBS Bank, or by calling us on 0800 727 2265.
Reverse Equity Mortgage Rates
Rates effective for new lending 1 July 2025, existing lending 1 August 2025.
| Term | Standard Rates P.A. |
|---|---|
| SBS Advance Floating Rate Loan | 8.64% |
| SBS Unwind Floating Rate | 8.64% |
| Default Interest Rate * | 4.00% |
* Charged above the Reverse Equity Mortgage Rate if you do not make a payment when it is due.
These rates apply to Reverse Equity Mortgages only and are subject to change. SBS Bank has suspended offering fixed rates on SBS Advance. Specific lending and eligibility criteria apply. Lending Standard Contract Terms along with Reverse Equity Mortgage Fees and Charges (including a Lender Legal Fee for Individuals or Joint Borrowers of $828 and for Trusts of $885.50 for SBS Unwind and SBS Advance Loans (as applicable)) also apply and are available on request and free of charge by clicking the above links, from any branch of SBS Bank, or by calling us on 0800 727 2265.
Our special term investment rates.
Term investments: Minimum investment $1,000, maximum investment $5,000,000.
Term Investments rates are for Redeemable Share Investments. All rates are subject to change.
Rates are current as at 12:00 AM, Friday 11 July 2025 and are subject to change.
Interest paid monthly, quarterly or at maturity
| Term | Standard Rates P.A. |
|---|---|
| 3 months | 3.50% |
| 6 months | 4.00% |
| 9 months | 3.90% |
| 12 months | 4.00% |
| 18 months | 4.00% |
| 24 months | 3.95% |
| 36 months | 4.00% |
Savings rates.
Rates valid from 21 February 2025. The SBS Incentive Saver account is no longer available for new accounts.
| Term | Standard Rates P.A. |
|---|---|
| SBS i-save rate | 0.40% |
| Incentive Saver base rate | 0.15% |
| Incentive Saver bonus rate | 1.55% |
| Incentive Saver potential rate | 1.70% |
| SBS Call Account | 0.35% |
Interest rates are subject to change. Account opening and eligibility criteria, fees and charges, and terms and conditions apply.