• Published 25/5/2023
  • Read Time: 1 min

Effective 25 May 2023

  • Fees & 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.