INDEPENDENT NEWS

TSB Launches 2.49% Lending Rate For 1 Year, 2 Year And 18-month Terms

Published: Thu 5 Nov 2020 02:32 PM
From Friday 6 November TSB is offering a 2.49% interest rate across its one year, two year and 18-month terms.
As well as this, TSB will match any advertised fixed rate offered by an Australian-owned bank.
Justine St John, General Manager Marketing and Customer Experience, says TSB is the first major bank to offer a rate below 2.50% across all three of these terms .
“In our current economic climate, the majority of customers are choosing to fix for shorter terms, so by offering a consistently low rate, TSB is making it simpler for Kiwis to choose a loan length best for their personal needs.
“We’re pleased to give Kiwi’s more choice with how they structure their home lending, as well as another reason to bank local and keep money pumping through our New Zealand economy.”
These rates will be offered until further notice and are available for both new and existing customers with 20% equity. Lending terms and conditions apply.
People keen to apply can set up a video call with a mortgage manager in just minutes via TSB Virtual Bank, call the lending team on 0800 872 226 or pop into their local TSB branch.

Next in Business, Science, and Tech

Westpac NZ Warns About Sophisticated New Scam
By: Westpac New Zealand
Campaign For New Zealand Coastal Tankers Says Fuel Security At Risk
By: Joint Press Release
Travel Bubble With Cook Islands Resumes Today
By: Cook Islands Tourism Corporation
September South Island Windstorm Cost $36.5 M Raises 2021 Extreme Weather Claims Total To $321.6 M
By: Insurance Council of New Zealand
Building Consents Hit New Highs In November
By: Statistics New Zealand
Fonterra Revises Milk Collection Forecast
By: Fonterra
View as: DESKTOP | MOBILE © Scoop Media