Posted Rate

When you walk into any branch of a financial institution you will usually see a bunch of numbers stuck onto a board. This will be their ‘posted’ interest rates.

The financial institutions advertise their ‘posted rates’ – usually both lending and deposit rates. These are the interest rates that appear in the newspapers and on their web sites. Even if you phone your local branch, these will usually be the rates you are quoted.

 

 

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Term Rate

PRIME

3.00%

Variable

2.79%

1 Year

2.89%

3 Year

2.99%

4 Year

3.19%

5 Year

3.29%

10 Year

3.99%

Special conditions apply. Rates subject to change.