![Suncorp Bank adjusts interest rates](/generated/1680w-2-1/suncorp-syd-2594-hr-jpg.jpg?1556667577)
From 11 November, Suncorp Bank will increase home loan variable rates by 0.25% per annum (p.a.).
This increase means that for every $100,000 of loan balance remaining on a customer’s 25-year variable loan, they can expect their monthly repayments to increase by around $14.
Savers can now also earn 4.00% p.a. on Suncorp Bank’s 12-month Term Deposit.