BANKING RATES
SAVINGS ACCOUNT
| Minimum balance | Interest rate |
|---|---|
| K50 | 1% |
BONUS SAVER ACCOUNT
| Minimum balance | Interest rate |
|---|---|
| K500 | 1% |
| BONUS | 3.0%* |
*No monthly withdrawals and one monthly deposit
CASH MANAGEMENT ACCOUNT
| Daily Balance | Interest Rate |
|---|---|
| Daily Balance < K5,000 | Nil |
| Daily Balance K5,000 - K250,000 | 0.30% |
| Daily Balance K251,000 - K500,000 | 0.50% |
| Daily Balance K501,000 - K1,000,000 | 0.65% |
| Daily Balance K1,000,000 - K5,000,000 | 1.00% |
| Daily Balance > K5,000,000 | 1.25% |
TERM DEPOSIT ACCOUNT AND FIXED DEPOSIT ACCOUNT
| Product term | Balance K5,000–K99,000 | Balance K100,000–K999,999 | Balance K1,000,000+ |
|---|---|---|---|
| 1 month | 0.85% | 0.90% | Interest available upon application |
| 2 months | 1.15% | 1.15% | |
| 3 months | 1.50% | 1.65% | |
| 4 months | 1.65% | 1.77% | |
| 5 months | 1.80% | 1.88% | |
| 6 months | 1.95% | 2.30% | |
| 7 months | 2.02% | 2.08% | |
| 8 months | 2.08% | 2.15% | |
| 9 months | 2.15% | 2.23% | |
| 10 months | 2.22% | 2.30% | |
| 11 months | 2.28% | 2.38% | |
| 1 year | 2.35% | 2.45% | |
| 2 years | 3.15% | 3.30% | |
| 3 years | 3.35% | 3.35% | |
| 4 years | 3.50% | 3.50% | |
| 5 years | 3.75% | 3.75% |
BORROWING RATES
CAR LOANS
| Product | Interest rate |
|---|---|
| Personal car loan | 18% |
| Executive car loan | 18% |
PERSONAL LOAN
| Product | Interest rate |
|---|---|
| Personal loan | 26% |
HOME LOANS
| Product | Interest rate |
|---|---|
| Home loan owner occupied | 6.40% |
| Residential investment property loan | 8.50% |
CREDITBANK PNG VISA CREDIT CARD
| Product | Interest rate |
|---|---|
| Credit Card Cash Advance (ATM Withdrawals) | 22% |
| Credit Card POS purchases | 22% |
Rates above are per annum and may be changed without notice. It is not an offer or contract and does not amend any applicable customer agreement, the terms of which govern control.
