6th May 2026 – MyState Bank has announced a 0.25% p.a. increase in variable mortgage lending rates, effective from 14th May, 2026. This change will apply to new and existing customers across owner-occupied and residential investment loans.
Customers will be advised in writing of new repayment details in the coming weeks.
MyState Bank will increase the Hello Saver welcome deposit rate by 0.25% p.a. effective 14th May 2026 and the ongoing variable deposit rate by 0.25%.p.a. The Bonus Saver bonus rate will also increase by 0.25% p.a.
MyState Bank’s Hello Saver welcome deposit rate for new customers rises to 5.40% for the first four months and reverts to 5.00% for balances <$100k.
The Bonus Saver maximum rate increases to 5.00% when conditions are met.
About us:
About MyState Limited
Registered Office: 137 Harrington Street, Hobart 7000
MyState Limited (ABN 26 133 623 962) is the ASX-listed (MYS) non-operating holding company of the diversified financial services Group consisting of MyState Bank, Auswide Bank and TPT Wealth, a trustee and wealth management company. MyState Bank and Auswide Bank are regulated by the Australian Prudential Regulatory Authority. MyState Bank, Auswide Bank and TPT Wealth hold Australian Financial Services Licences issued by the Australian Securities and Investments Commission.
Contact details:
Contact
Media relations
David Breen
[email protected]
+ 61 412 933 060
