BCU announces interest rate reductions - May 2025

BCU Bank has announced interest rate changes following the Reserve Bank of Australia’s (RBA) decision to decrease the official cash rate by 0.25% p.a. to 3.85% on 20 May 2025.

As a customer-owned bank our customers are our priority, so we strive to achieve the right balance between the needs of borrowers and depositors when reviewing interest rates.

Home loan customers

BCU Bank will decrease all our variable home loan interest rates by 0.25% p.a., effective 10 June 2025. Customers will receive communications with details relating to their specific loans in the coming weeks.

Deposits customers

BCU Bank will decrease some of our transaction and savings account interest rates by up to 0.25% p.a., effective 5 June 2025.

Our aim is to keep our rates as competitive as possible to benefit all customers, and offer support when it comes to their finances. If you require assistance with your home loan repayments, please contact us to learn about the options available to you.

We’re here to help

If you have any questions or need more information, please contact us via live chat on the BCU website, log in to internet banking to send us a secure message, call us on 1300 228 228, or email us at mail@bcu.com.au (general enquiries only).