Kiwibank raises floating loan rates and deposit rates

Kiwibank has raised its variable interest rates from 6.40% p.a. to 6.65% p.a. The increase is effective tomorrow (July 30) for new customers and August 12 for existing customers.

From Monday August 4, the bank has also raised Term Deposit rates for a number of terms, including a TD special of 4.50% p.a. for 6 months (interest at maturity).

For further information:

Bruce Thompson, Communications Manager (04) 460 6831