Effective 15 July 2022 TSB increased its AgriBusiness, Commercial and Business variable and revolving credit interest rates.
Effective 15 July 2022 TSB increased its AgriBusiness, Commercial and Business variable and revolving credit interest rates as follows:
- A 0.50% increase to variable rates
- A 0.50% increase to the revolving credit rate
Because our rates have increased the applicable interest rate for customers:
- with existing lending in place as at 15 July 2022 and
- whose current interest rate* is made up of one of the rates that is increasing
will increase by the same amount as the increase in the relevant rate (this includes where a margin or discount is applied to your loan).
The increase for these customers will be effective from 29 July 2022.