Westpac Fixed Rate Specials
Effective 30th May, Westpac in New Zealand introduced two new special fixed rates and reduced some of their existing fixed rates.
A special two year fixed of 5.85% p.a and a special five year fixed rate of 6.89% p.a. were introduced. At the same time, the special four year fixed rate was removed.
Westpac also reduced their three and four year fixed rates, as well as their two year capped rate by up to 0.40% p.a.
|
Westpac Product
|
Initial Rate
|
+/-
|
|
3 Year Fixed
|
6.69%
|
-0.16%
|
|
3 Year Fixed Lo Doc
|
6.69%
|
-0.16%
|
|
4 Year Fixed
|
6.79%
|
-0.40%
|
|
4 Year Fixed Lo Doc
|
6.79%
|
-0.40%
|
|
Capped 2 Years
|
6.49%
|
-0.20%
|
|
Capped 2 Years Lo Doc
|
6.49%
|
-0.20%
|
|
Special 2 Year Fixed
|
5.85%
|
NEW
|
|
Special 5 Year Fixed
|
6.89%
|
NEW
|
|