Effective Thursday 25 May 2023, TSB increased its AgriBusiness, Commercial and Business variable and revolving credit interest rates.
Effective Thursday 25 May 2023, TSB increased its AgriBusiness, Commercial and Business variable and revolving credit interest rates as follows:
- A 0.25% increase to variable rates
- A 0.25% increase to the revolving credit rate
Because our rates have increased the applicable interest rate for customers:
- with existing lending in place as at Thursday 25 May 2023 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 increases for these customers will be effective from Thursday 8 June 2023.
Helpful information to know
- The changes do not apply to fixed interest rate loans
- We’re happy to advise your specific rate and payment details on request
*See your loan contract for information on which interest rate applies to your loan.
Contact us
For more information, feel free to ask one of the team - we’re happy to help.