Some of you would be aware from our website or public notices, that P&N made the decision to increase rates on most variable home loans effective 29 April. With recent market conditions and changes, we have reconsidered our position and will not increase the & Home Loan rate.
Our & Home Loan remains a highly competitive product for owner occupiers, particularly with an optional & Platinum Credit Card with a purchase rate the same as the home loan, and full offset transaction account.
Given recent market rate changes, we will continue to regularly review both our lending and deposit product rates to ensure they remain competitive and provide value for our members.
As a member owned bank our sole focus is to service and provide value to our members.
Members are encouraged to review these Q&As for further information.
For queries about any of P&N Bank products or services, please call our Contact Centre on 13 25 77, contact us via webchat or visit one of our 17 branches.
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