SBS Bank leads with low one-year special fixed rate

by Maya Breen04 Apr 2016
SBS Bank has decreased its one-year fixed rate special to 4.10%, the lowest on the market for one-year rates currently and effective today. 

Its one year standard rate sits on 4.85% and its two-year special and standard rates at 4.29% and 4.99%, respectively. 

SBS Bank’s special rate conditions include being only available for residential and residential investing lending with a minimum of 20% equity or 30% equity for Auckland Residential Investing.

The primary source of income must be paid into a SBS Bank transactional account and new members need new lending of at least $100,000 and at least one SBS insurance product.

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