Personal Banking Rates

Whether you are saving for a better tomorrow, borrowing for a better vehicle or home, or in need of the line of credit that comes with a CreditBank PNG Credit Card, we are committed to offering interest rates that are competitive and products that serve you better.

BANKING RATES

SAVINGS ACCOUNT

Minimum balanceInterest rate
K501%

BONUS SAVER ACCOUNT

Minimum balanceInterest rate
K5001%
BONUS3.0%*

*No monthly withdrawals and one monthly deposit

 

CASH MANAGEMENT ACCOUNT

Daily Balance Interest Rate
Daily Balance < K5,000Nil
Daily Balance K5,000 - K250,0000.30%
Daily Balance K251,000 - K500,0000.50%
Daily Balance K501,000 - K1,000,0000.65%
Daily Balance K1,000,000 - K5,000,0001.00%
Daily Balance > K5,000,0001.25%

 

TERM DEPOSIT ACCOUNT AND FIXED DEPOSIT ACCOUNT

Product term

Balance

K5,000–K99,000

Balance

K100,000–K999,999

Balance 

K1,000,000+

1 month0.85%0.90%Interest available upon application
2 months1.15%1.15%
3 months1.50%1.65%
4 months1.65%1.77%
5 months1.80%1.88%
6 months1.95%2.30%
7 months2.02%2.08%
8 months2.08%2.15%
9 months2.15%2.23%
10 months2.22%2.30%
11 months2.28%2.38%
1 year2.35%2.45%
2 years3.15%3.30%
3 years3.35%3.35%
4 years3.50%3.50%
5 years3.75%3.75%

BORROWING RATES

CAR LOANS

ProductInterest rate
Personal car loan18%
Executive car loan18%
 

PERSONAL LOAN

ProductInterest rate
Personal loan26%

 

HOME LOANS

ProductInterest rate
Home loan owner occupied6.40%
Residential investment property loan8.50%

 

CREDITBANK PNG VISA CREDIT CARD

ProductInterest rate
Credit Card Cash Advance (ATM Withdrawals)22%
Credit Card POS purchases22%

 

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.