{ "@context": "https://schema.org", "@type": "Article", "mainEntityOfPage": { "@type": "WebPage", "@id": "https://www.bankaust.com.au/blog/{{slug}}" }, "headline": "{{title}}", "description": "{{desc}}", "image": "{{image}}", "author": { "@type": "Organization", "name": "Bank Australia", "url": "https://www.bankaust.com.au/" }, "publisher": { "@type": "Organization", "name": "Bank Australia", "logo": { "@type": "ImageObject", "url": "https://cdn.prod.website-files.com/64d5d5beb2a67e9491ecdff8/64d5d5beb2a67e9491ece00c_BA-logo-white.webp" } }, "datePublished": "{{datePublished}}", "dateModified": "{{dateModified}}" }
Skip to main content
Alert notice

Wednesday 4 November: Following the RBA’s decision to change the official cash rate, interest rates for owner-occupier, investor and commercial variable loans will increase by 0.25%, effective 19 November 2026. From 19 November 2026, deposit rates across the majority of savings products will also increase by 0.25%. Find out more.

2026-03-04 2:26 pm
Back to blog
News

Updates to our terms and conditions

Photo journal

From 1 May 2026, we’re making some changes to our deposit accounts to create a more consistent experience for all customers.

We’re streamlining our range of deposit products so customers with similar accounts will have the same benefits, eligibility criteria and interest rates, whether they bank with Qudos Bank or Bank Australia.

‍

What’s changing

To support these updates, we’re making changes to our Terms and Conditions, including:

‍

Key dates

  • Effective 1 May 2026: Changes to deposit products take effect - learn more

Related stories

People

How 41 people came together to build their own community

News

Bank Australia and P&N Group take next step in proposed merger

People

Recognising First Nations leadership and Treaty in Victoria

News

Upcoming payment limit changes

On 24 August 2026, we’re increasing some of our daily card payment limits.

News

Soft plastics recycling is back in Australia: what’s changed in 2026 and how to use it

News

Updates to our Terms and Conditions

From September, we’re making some changes to our payment services to provide Click to Pay to all customers with a Bank Australia Visa card.

News

Bank Australia named Money magazine’s Customer-Owned Bank of the Year and Digital Bank of the Year

News

H5 bird flu has arrived in Australia: what to do if you see a sick animal and what it means for nature

Impact

Caring for Country: How the Nari Nari People are restoring a vital wetland

News

Bank Australia and P&N Group to explore merger to create a leading national customer-owned bank

Bank Australia and P&N Group (Police & Nurses Limited) – which operates P&N Bank in Western Australia and BCU Bank in Northern NSW and South-East Queensland - today announced their intention to explore a merger between two of Australia’s leading customer-owned banking groups.

Learn more

News

Interest rate change announcement: 20 May 2026

Bank Australia will increase variable interest rates in response to the RBA’s recent decision to raise the official cash rate.

News

Step inside: We’re supporting Sustainable House Day 2026

News

Updates to our terms and conditions

From 1 May 2026, we’re making some changes to our deposit accounts to create a more consistent experience for all customers.

News

Variable loan interest rate increase

Bank Australia will increase variable home loan and commercial rates in response to the RBA’s recent decision to raise the official cash rate.

News

Partnering with Environment Victoria to support household electrification

We’re proud to announce our partnership with Environment Victoria, an independent charity working to build a thriving, sustainable society that protects and values nature.

Impact

The ‘growler’ at Wirey Swamp: A long-awaited frog call in Victoria's changing landscape

Last spring, a ‘chorus’ of growling grass frogs were heard at a Nature Glenelg Trust restored wetland for the first time, a hopeful sign for the vulnerable Australian amphibian.

News

Community customer grants now open for 2026

We’re excited to open applications for our 2026 community customer grants.

Money

Facebook Marketplace and Gumtree scams are rising: Most losses under $300

Marketplace scams are on the rise in Australia, with small‑value losses becoming increasingly common. Learn the key warning signs, who scammers are targeting in 2026, and practical steps to protect yourself when buying or selling online.

Read more tips for staying safe online

News

Bank Australia variable loan, savings and transaction account rate increase

Bank Australia will increase variable home loan, savings and transaction account rates in response to the RBA’s recent decision to raise the official cash rate.

News

Bank Australia variable loan rate increase

Bank Australia will increase variable home loan and commercial rates in response to the RBA’s recent decision to raise the official cash rate.