RBA rate change

Following the Reserve Bank of Australia's decision to increase the official cash rate on 17 March 2026 by 0.25%, Bank First will be increasing the interest rates on our variable home loan and a range of at-call savings products.

Variable Home Loans

• Effective 2 April 2026, home loan variable interest rates will increase by 0.25% p.a.

• Your new interest rate will appear on 2 April through Internet Banking.

Savings

• Effective 1 April 2026, the bonus interest rate on our Bonus Saver and First Home Bonus Saver account will increase by 0.25% p.a.

• Effective 2 April 2026, the interest rates on a range of at-call savings products will increase by 0.25% p.a.

What happens to my home loan repayments?

Bank First regularly review repayments to ensure your home loan can be repaid within the loan term. You may have noticed that repayment changes haven't always occurred immediately after previous rate changes. We will notify you in writing via mail or email prior to making any changes to your minimum repayment.

If you have any questions about your home loan repayment, call (03) 9124 6129 between Monday to Friday 9am to 5pm or email us at customerrelations@bankfirst.com.au.

If you are experiencing financial difficulty or concerned about your financial position, please visit our Financial Difficulties page or call us on 1300 554 437 to see how we can help.