Select Interest Rate Type
-
Home Loans
-
Car Loans
-
Personal Loans
-
Deposits
-
Credit Cards
Home Loans
Home Loan Interest Rates
All rates are effective 1 July 2022 and are subject to change at any time.
| Home Loans – Owner Occupied – Variable Interest Rates | Interest Rate | Comparison Rate |
|---|---|---|
| Flexible Variable Home Loan – Owner Occupied – $299 Annual Fee (Maximum Loan to Value Ratio 70%) | 3.09% p.a. | 3.48% p.a. ~~ |
| Flexible Variable Home Loan – Owner Occupied – $299 Annual Fee (Maximum Loan to Value Ratio 90%) | 3.80% p.a | 4.18% p.a. ~~ |
| Home Loans – Owner Occupied – Variable Interest Rates (No Annual Fee) | Interest Rate | Comparison Rate |
|---|---|---|
| Flexible Variable Home Loan – Owner Occupied (Maximum Loan to Value Ratio 70%) | 3.19% p.a. | 3.28% p.a. ~~ |
| Flexible Variable Home Loan – Owner Occupied (Maximum Loan to Value Ratio 90%) | 3.94% p.a. | 4.03% p.a. ~~ |
| Home Loans - Owner Occupied - Fixed Interest Rates* | Interest Rate | Comparison Rate^ |
|---|---|---|
| 1 year fixed term - $299 Annual Fee (Maximum Loan to Value Ratio 80%) | 5.09% p.a. | 4.30% p.a. ~~ |
| 2 year fixed term - $299 Annual Fee (Maximum Loan to Value Ratio 80%) | 5.49% p.a. | 4.49% p.a. ~~ |
| 3 year fixed term - $299 Annual Fee (Maximum Loan to Value Ratio 80%) | 5.89% p.a. | 4.74% p.a. ~~ |
| 4 year fixed term - $299 Annual Fee (Maximum Loan to Value Ratio 80%) | 5.99% p.a. | 4.94% p.a. ~~ |
| 5 year fixed term - $299 Annual Fee (Maximum Loan to Value Ratio 80%) | 6.09% p.a. | 5.15% p.a. ~~ |
* Credit eligibility criteria, terms and conditions, fees and charges apply. At the end of the fixed term period, the rate reverts to the corresponding Woolworths Team Bank owner occupied standard variable interest rate. Product may be withdrawn at any time without prior notice. ^The comparison rate displayed is calculated based on a loan amount of $150,000 over a 25 year term. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
| Home Loans – Residential Investment - Variable Interest Rates | Interest Rate | Comparison Rate |
|---|---|---|
| Flexible Variable Home Loan - Principal and Interest Repayments – $299 Annual Fee (Maximum Loan to Value Ratio 70%) | 3.70% p.a. | 4.08% p.a. ~~ |
| Flexible Variable Home Loan - Principal and Interest Repayments – $299 Annual Fee (Maximum Loan to Value Ratio 90%) | 4.55% p.a. | 4.92% p.a. ~~ |
| Flexible Variable Home Loan - Interest Only Repayments – $299 Annual Fee (Maximum Loan to Value Ratio 70%) | 4.15% p.a. | 4.53% p.a. ~~ |
| Flexible Variable Home Loan - Interest Only Repayments – $299 Annual Fee (Maximum Loan to Value Ratio 90%) | 4.89% p.a. | 5.25% p.a. ~~ |
| Home Loans – Residential Investment - Variable Interest Rates (No Annual Fee) | Interest Rate | Comparison Rate |
|---|---|---|
| Flexible Variable Home Loan - Principal and Interest Repayments – (Maximum Loan to Value Ratio 70%) | 3.75% p.a. | 3.84% p.a. ~~ |
| Flexible Variable Home Loan - Principal and Interest Repayments – (Maximum Loan to Value Ratio 90%) | 4.70% p.a. | 4.79% p.a. ~~ |
| Flexible Variable Home Loan - Interest Only – (Maximum Loan to Value Ratio 70%) | 4.25% p.a. | 4.34% p.a. ~~ |
| Flexible Variable Home Loan - Interest Only – (Maximum Loan to Value Ratio 90%) | 4.90% p.a. | 4.99% p.a. ~~ |
| Home Loans - Residential Investment Loans - Fixed Interest Rates | Interest Rate | Comparison Rate |
|---|---|---|
| 1 year fixed term - $299 Annual Fee (Maximum Loan to Value Ratio 70%) | 5.29% p.a. | 5.99% p.a. ~~ |
| 2 year fixed term - $299 Annual Fee (Maximum Loan to Value Ratio 70%) | 5.69% p.a. | 5.13% p.a. ~~ |
| 3 year fixed term - $299 Annual Fee (Maximum Loan to Value Ratio 70%) | 5.99% p.a. | 5.31% p.a. ~~ |
| 4 year fixed term - $299 Annual Fee (Maximum Loan to Value Ratio 70%) | 6.19% p.a. | 5.50% p.a. ~~ |
| 5 year fixed term - $299 Annual Fee (Maximum Loan to Value Ratio 70%) | 6.29% p.a. | 5.66% p.a. ~~ |
| Variable Loans - Reference Rates | Interest Rate | Comparison Rate |
|---|---|---|
| Standard Variable - Owner Occupied | 4.26% p.a. | 4.35% p.a. ~~ |
| Bridging Finance | 4.96% p.a. | 5.02% p.a. ~~ |
Important Notes
At the end of the Fixed Rate Period, the current WTB Variable Interest Rate applies. Fixed Interest Rates are indicative only and subject to change prior to settlement.
WARNING: This Comparison Rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different Comparison Rates.
* The Comparison Rate for the New Car Loans is based on the designated amount of $30,000 (secured) for a term of 5 years.
* The Comparison Rate for the Used Car Loans is based on the designated amount of $30,000 (secured) for a term of 5 years.
** The Comparison Rate for Personal Loans is based on the designated amount of $10,000 (unsecured) for a term of 3 years.
~~ The Comparison Rate for Housing Loans is based on the designated amount of $150,000 (secured) for a term of 25 years.
Please note that all interest rates quoted are per annum and they are calculated daily on the outstanding balance and debited to the loan account at the end of each month. Woolworths Team Bank lending criteria applies to all loan types detailed in this leaflet. Terms and Conditions, Fees and Charges apply and are available on request.
Woolworths Team Bank Limited ABN 67 087 651 803 AFSL/Australian credit licence 240720.
Home Loans
Any Woolworths Team Bank home loan offers you a great interest rate, plus real flexibility to structure the product to suit you.
Car Loans
Car Loan Interest Rates
All rates are up to date and subject to change at any time.
| Car Loans – Variable Interest Rates | Interest Rate | Comparison Rate |
|---|---|---|
| Current promotional New Car Loan | 5.79% p.a. | 6.17%* p.a. |
| Current promotional Used Car Loan | 7.79% p.a. | 8.17%* p.a. |
| New Car Loans | 8.64% p.a. | 9.03%* p.a. |
| Used Car Loans (cars 1 to 18 months old) | 9.64% p.a. | 10.03%* p.a. |
| Used Car Loans (cars 19 to 84 months old) | 11.64% p.a. | 12.04%* p.a. |
Important Notes
At the end of the Fixed Rate Period, the current Woolworths Team Bank Variable Interest Rate applies. Fixed Interest Rates are indicative only and subject to change prior to settlement.
WARNING: This Comparison Rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different Comparison Rates.
* The Comparison Rate for the New Car Loans is based on the designated amount of $30,000 (secured) for a term of 5 years.
* The Comparison Rate for the Used Car Loans is based on the designated amount of $30,000 (secured) for a term of 5 years.
** The Comparison Rate for Personal Loans is based on the designated amount of $10,000 (unsecured) for a term of 3 years.
~~ The Comparison Rate for Housing Loans is based on the designated amount of $150,000 (secured) for a term of 25 years.
Please note that all interest rates quoted are per annum and they are calculated daily on the outstanding balance and debited to the loan account at the end of each month. Woolworths Employees’ Credit Union lending criteria applies to all loan types detailed in this leaflet. Terms and Conditions, Fees and Charges apply and are available on request.
Woolworths Team Bank Limited ABN 67 087 651 803 AFSL/Australian credit licence 240720
Car Loans
Want to buy a new or used car? With one of our convenient and flexible Car Loans we will have you driving away in no time.
Personal Loans
Personal Loan Interest Rates
All rates are up to date and subject to change at any time.
| Personal Loans – Variable Interest Rates | Interest Rate | Comparison Rate |
|---|---|---|
| Personal Loans | 14.35% p.a. | 15.50%** p.a. |
| Team Emergency Loans | 18.00% p.a. | 18.00%** p.a. |
Important Notes
At the end of the Fixed Rate Period, the current Woolworths Team Bank Variable Interest Rate applies. Fixed Interest Rates are indicative only and subject to change prior to settlement.
WARNING: This Comparison Rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different Comparison Rates.
* The Comparison Rate for the New Car Loans is based on the designated amount of $30,000 (secured) for a term of 5 years.
* The Comparison Rate for the Used Car Loans is based on the designated amount of $30,000 (secured) for a term of 5 years.
** The Comparison Rate for Personal Loans is based on the designated amount of $10,000 (unsecured) for a term of 3 years.
~~ The Comparison Rate for Housing Loans is based on the designated amount of $150,000 (secured) for a term of 25 years.
Please note that all interest rates quoted are per annum and they are calculated daily on the outstanding balance and debited to the loan account at the end of each month. Woolworths Team Bank lending criteria applies to all loan types detailed in this leaflet. Terms and Conditions, Fees and Charges apply and are available on request.
Woolworths Team Bank Limited ABN 67 087 651 803 AFSL/Australian credit licence 240720
Personal Loans
We offer a simple personal loan, with a range of features and optional extras like insurance to suit your needs. Our personal loan can turn your dream a reality in no time.
Deposits
Savings/Term Deposits Interest Rates
Savings interest rates current as of 25 May 2022.
| Access Account* S1 | Interest Rates |
|---|---|
| Less than $5,000 | 0.00% p.a. |
| $5,000-$9,999 | 0.00% p.a. |
| $10,000-$19,999 | 0.00% p.a. |
| $20,000-$49,999 | 0.00% p.a. |
| $50,000 or more | 0.00% p.a. |
| Budget Account** S3 | Interest Rates |
|---|---|
| Less than $5,000 | 0.00% p.a. |
| $5,000 – $9,999 | 0.00% p.a. |
| $10,000 – $19,999 | 0.00% p.a. |
| $20,000 – $49,999 | 0.00% p.a. |
| $50,000 or more | 0.00% p.a. |
| SaverPlus*** S6 | Interest Rates |
|---|---|
| $1 – $4,999 | 0.20% p.a. |
| $5,000 – $9,999 | 0.20% p.a. |
| $10,000 or more | 0.25% p.a. |
| Cash Management# S7 | Interest Rates |
|---|---|
| $1 – $4,999 | 0.05% p.a |
| $5,000 – $9,999 | 0.10% p.a. |
| $10,000 – $49,999 | 0.15% p.a. |
| $50,000 – $99,999 | 0.15% p.a. |
| $100,000 or more | 0.25% p.a. |
| Christmas Club* S2 | Interest Rate |
|---|---|
| All balances | 0.40% p.a. |
| Goal Account*** S9 | Interest Rate |
|---|---|
| All balances | 0.25% p.a. |
| NetPlus# S10 | Interest Rate |
|---|---|
| All balances | 0.35% p.a. |
| Retirement Account# S20 (Conditions apply) | Interest Rate |
|---|---|
| $1 – $100,000 | 0.50%pa |
| $100,001 or more | 0.55%pa |
Important Notes
* Interest calculated daily, paid annually on 30 June.
** Interest calculated on minimum monthly balance, paid annually on 30 June
*** Interest calculated daily, paid bi-annually on 30 June and 31 December.
# Interest calculated daily, paid at the end of each month.
Term Deposits
TERM DEPOSIT INTEREST RATES - current as at 9 June 2022.
| Term Deposits | $2,000 to $4,999 | $5,000 to $24,999 | $25,000 to $49,999 | $50,000 or more |
|---|---|---|---|---|
| 3 Months | 0.45% p.a. | 0.45% p.a. | 0.50% p.a. | 0.55% p.a. |
| 6 Months | 0.50% p.a. | 0.50% p.a. | 0.55% p.a. | 0.65% p.a. |
| 9 Months | 0.70% p.a. | 0.70% p.a. | 0.75% p.a. | 0.75% p.a. |
| 12 Months | 2.75% p.a. | 2.75% p.a. | 2.75% p.a. | 2.75% p.a. |
| 24 Months | 0.85% p.a. | 0.90% p.a. | 0.95% p.a. | 1.40% p.a. |
Important Notes
* All Term Deposit interest rates are per annum. Interest rates may be negotiable for deposits $50,000 and over. *
Woolworths Team Bank Limited (ABN 67 087 651 803 AFSL 240720) is the issuer of these products. You should consider the Account and Access Facility, Conditions of Use in deciding whether or not to acquire any of these products. An Account and Access Facility, Conditions of Use may be obtained by contacting us on 1300 665 553 or from our website at www.woolworthsteambank.com.au. Any advice contained in this brochure is general advice only and does not take into account your objectives, financial situation or needs. Before acting on the advice, please consider its appropriateness. If you need more specific advice, we suggest you contact one of our offices. Term Deposit Interest rates are calculated daily at the interest rate advertised for the term and paid annually, on anniversary and on maturity of the investment. Interest rates are current at the time of printing. Please contact us on the above number to confirm these interest rates. Terms and Conditions, Fees and Charges apply and are available upon request.
Access Account
Whether you are looking for day-to-day access over the counter, via the Internet or telephone, or wanting the convenience of EFTPOS and ATM, we have a transaction account to meet your needs.
Credit Cards
Credit Card Interest Rates
All rates are up to date and subject to change at any time.
| Line of Credit & Credit Cards – Variable Interest Rates | Interest Rate | Comparison Rate |
|---|---|---|
| Line of Credit | 13.85% | n/a |
| Visa – Credit Card | 13.45% | n/a |
| Visa – Low Rate Credit Card | 9.45% | n/a |
Important Notes
At the end of the Fixed Rate Period, the current WTB Variable Interest Rate applies. Fixed Interest Rates are indicative only and subject to change prior to settlement.
WARNING: This Comparison Rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different Comparison Rates.
* The Comparison Rate for the New Car Loans is based on the designated amount of $30,000 (secured) for a term of 5 years.
* The Comparison Rate for the Used Car Loans is based on the designated amount of $30,000 (secured) for a term of 5 years.
** The Comparison Rate for Personal Loans is based on the designated amount of $10,000 (unsecured) for a term of 3 years.
~~ The Comparison Rate for Housing Loans is based on the designated amount of $150,000 (secured) for a term of 25 years.
Please note that all interest rates quoted are per annum and they are calculated daily on the outstanding balance and debited to the loan account at the end of each month. Woolworths Employees’ Credit Union lending criteria applies to all loan types detailed in this leaflet. Terms and Conditions, Fees and Charges apply and are available on request.
Woolworths Team Bank Limited ABN 67 087 651 803 AFSL/Australian credit licence 240720
Visa Credit Cards
With this credit card in your pocket, you don’t have to carry cash, so its the safest way to pay. And because you get a detailed record of every transaction, you’re in control.