Here are the changes the main banks have made to retail interest rates, for Monday, May 11, 2026

Here are the changes the main banks have made to retail interest rates, for Monday, May 11, 2026

For home loans:

HSBC has raised its fixed rates by +20 bps across the board.

All mortgage rates are here.

For savings accounts:

AMP has said is 'Bank Go Save' will rise by +25 bps on June 1, 2026

All savings rates are here.

For term deposits

Bank Australia (but not cousin Qudos) has launched a new "Impact Term Deposit" with a 5.15% rate for six months.

It has also cut its standard 1 year rate by -10 bps to 5.35%, while raising its 2 year TD rate to 5.20% (from 4.80%), and its three year rate to 5.10% (from 4.90%).

All term deposit rates are here and here.