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Commonwealth Bank only Australian bank yet to pass on Reserve Bank May 2022 rate rise to savers - Vimarsana News

Commonwealth Bank only Australian bank yet to pass on Reserve Bank May 2022 rate rise to savers

The Commonwealth Bank is the only major bank to so far fail to pass on the 0.25 percentage point increase in official interest rates to its everyday savers.

All 4 major banks pass on rate rise to borrowers - Vimarsana News

All 4 major banks pass on rate rise to borrowers

Borrowers at the big four banks will see variable rates rise by 25 basis points, as the majors pass on the RBA’s full rate hike. Australia and New Zealand Banking Corporation (ANZ), the Commonwea