Our rates.

Our rates are always competitive. Take a look at our current interest rates and if you’d like to know more, get in touch. Or see what a difference our rates could make for you with our simple calculators

 

Calculators

 

 

Our special home loan rates.

FirstHome Combo
6.14%
per annum
1 years fixed
Available only to first home buyers. Additional lending fees apply.
Home Loan
7.14%
per annum
1 year fixed
Home Loan
6.49%
per annum
2 years fixed

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 35% equity, or First Home Loans with at least 5% equity. All rates are subject to change.

FirstHome Combo Rates 

Rates valid from 15 May 2024   

Product Rate P.A.
FirstHome Combo 1 year fixed rate   6.14%
Residential Floating Rate discount of 2.55%*   6.19%
* For Construction lending for first home buyers only
 

Home loan rates

Rates valid from 13 July 2024          

Term Special Rates P.A* Standard Rates P.A.
Residential Floating Rate / First Home Loan Floating Rate 8.74%
Residential Investing Floating Rate   9.24%
6 months fixed 7.24% 7.84%
1 year fixed 7.14% 7.74%
18 months fixed 6.89% 7.49%
2 years fixed 6.49% 7.09%
3 years fixed 6.35% 6.95%
4 years fixed 6.19% 6.79%
5 years fixed 6.19% 6.79%
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 35% equity, or First Home Loans with at least 5% equity. 
** Charged above the Home Loan Rate on the default amount if you do not make a payment when it is due

Home Loans Calculators

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 0.50% 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 valid from 24 October 2023

Product Rate P.A.
SBS Advance Floating Rate Loan   9.95%
SBS Unwind Floating Rate   9.95%
Default Interest Rate*

4.00%

* Charged above the Reverse Equity Mortgage Rate if you do not make a payment when it is due.

Reverse Equity Mortgages Contact us

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 Investment
6.05%
per annum
6 months fixed
Term Investment
6.05%
per annum
9 months fixed
Term Investment
5.95%
per annum
1 year fixed

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.

*SBS Bank 2024 New Zealand Open Pro-am Prize Terms and Conditions apply. 

 

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Please try again later or contact us on 0800 727 2265 during business hours for available investment rates.

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Savings rates.

Rates valid from 20 April 2023

Product Rate P.A.
SBS i-save rate   1.85%
Incentive Saver base rate   0.55%
Incentive Saver bonus rate   2.80%
Incentive Saver potential rate   3.35%
SBS Call Account 1.90%

Interest rates are subject to change. Account opening and eligibility criteria, fees and charges, and terms and conditions apply.

 

Savings Accounts Calculators

Credit card rates.

See Rates, Fees and Charges