What happens if there’s an interest rate change?

We announce any interest rate changes in our news archive. We will also notify you in writing of any changes to your repayments and how they affect you, by posting you a new Account Position Statement.

What do I need to do?

  • If you’ve arranged to pay the minimum payment via direct debit you don’t need to do anything. Your new repayments will be automatically adjusted for you
  • If you’re paying a fixed amount or if you make your payments manually, you may need to make a change to ensure you’re paying the right amount. Please refer to your Account Position Statement for more information
  • If you’re not sure how you’ve set up your payments please call us on 13 17 19.

Need more help?

You can message us in the Bankwest App or online banking, or call us – we're here 24/7.