Interest Rates
Home Loans
Interest Rates for Home Loans are determined by your loan purpose (owner occupied or investment), variable or fixed rate options and the Loan to Value Ratio (LVR).
LVR is the initial amount you are borrowing, represented as a percentage of the value of the asset you are purchasing. For example, a loan of $400,000 to buy a property worth $500,000 results in a LVR of 80%. Home loan rates are set based on the initial LVR at the time of purchase and don’t change because of changes to the LVR during the life of the loan. Interest rates apply to new lending only.
Rates - Owner Occupied Home Loans
Rates - Investment Home Loans
Car Loans
Interest Rates for Car Loans are determined by your choice of variable rate or fixed rate options.
Personal Loans
Interest Rates for Personal Loans are determined by your choice of variable rate or fixed rate options.
Personal Loans
Interest rate (p.a.)
Comparison Rate (p.a.)3
Personal Loan
9.64%
11.00%
Credit Cards
Interest Rates for Credit Cards vary for purchases, cash advances and balance transfers.
Credit Cards
Purchase Variable Rate (p.a.)
Balance Transfer Rate (p.a.)
Cash Advance Variable Rate (p.a.)
Visa Platinum Credit Card (S6)
11.49%
11.49%
19.59%
Visa Classic Credit Card (S7)
12.54%
12.54%
12.54%
Existing customer?
If you would like to know more information about the current interest rate for your loan/s with us, refer to your Loan Account details in Internet Banking; alternatively, speak to one of our lending specialists on 1300 654 822.
Interest is calculated daily. Interest rates are per annum, current at the time of publication and are subject to change without notice.
Bank First may charge a fee for these services and facilities. Refer to the Fees and Charges brochure, available on request. Full terms and conditions available on request.
*Interest rates apply to new lending only.
Comparison rate calculated on a secured loan amount of $150,000 for a term of 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Comparison rates for variable Interest Only loans are based on an initial 5-year Interest Only period. Comparison rates for fixed Interest Only loans are based on an initial Interest Only period equal in length to the fixed period. During an Interest Only period, your interest only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan. Fees and charges apply. Terms and conditions available upon request.
Rates are indicative only. Fixed Rates are fixed at the date of funding or may be fixed at the date of application by paying a fixed rate lock fee. Conditions apply.
Comparison rate calculated on an unsecured loan amount of $10,000 for a term of 3 years.
Comparison rate calculated on a secured loan amount of $10,000 for a term of 3 years.
Comparison rate calculated on a secured loan amount of $30,000 for a term of 5 years.
Rates are indicative only. Fixed rates are fixed at the date of funding.
The 3% discount is off the standard car loan rate. Lending criteria applies. We reserve the right to amend or withdraw these offers at any time.
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Fees and charges apply. Terms and Conditions are available on request.