TSB cuts one-year home loan rate to 4.39% p.a.

TSB has cut its home loan rate to 4.39% p.a. fixed for one year, undercutting all the major banks advertised rates on this term. 

TSB General Manager of Customer Delivery, Penny Burgess says: “With the cost of living continuing to stretch household budgets, we know many New Zealanders are looking for ways to ease financial pressure. By offering a sharp home loan rate, we’re helping our customers keep more money in their pockets and feel more confident about their financial future. 

“As a community-owned bank, we’re here to support Kiwi, and this is one of the ways we’re showing up for our customers when it matters most. 

“If you’re not already with TSB, now’s a great time to make the switch. We’ll make the process simple and stress-free.” 

Customers can find out more online, in-branch, or on the phone, and new customers can join TSB or find out how to switch here. 

Important information  

All interest rates are subject to change. Standard lending terms and conditions apply. A minimum deposit of 20% is required for home lending with a special interest rate. Residential loans with less than a 20% deposit are subject to availability of funds. An Early Repayment fee may apply on fixed rate loans. Different lending criteria applies for residential investment, business, commercial and rural loans.   

Terms and Conditions and more information is available on www.tsb.co.nz