Police Bank
Every product Police Bank publishes under the Consumer Data Right, with its rates set beside every other bank's. It last changed one on 3 Nov 2026.
- Deposits are covered by the government's Financial Claims Scheme up to $250,000 per account holder, one cap shared with Bank of Heritage Isle and Border Bank under the same banking licence. Who shares a cap
- Australian credit licence and AFS licence 240018, held by Police Bank Ltd; credit licence since 20 December 2010. Complaints it can't resolve go to the Australian Financial Complaints Authority (AFCA). ASIC register
18 products in 5 categories
Police Bank's rates today
Police Bank's best rate in each category, next to the best you'll find anywhere and the typical institution's best, as of 7 November 2026. Only products anyone can apply for are counted.
Where Police Bank sits among every institution's best
| Rate | Police Bank | Best anywhere | Typical institution |
|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 6.29%Goldrate Home Loan | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions |
| 3-year fixed home loanOwner occupier, principal & interest, 80% LVR | 6.54%Goldrate Home Loan | 6.24%Credit Union SA's 3-Year Fixed 40 Year Home Loan Package | 6.69%of 80 institutions |
| Savings accountBase plus any bonus, when its conditions are met | 2.50%Retirement Plus Account | 5.75%Defence Bank Limited's iSaver | 4.85%of 73 institutions |
| 12-month term depositBest rate for a 12-month term | 5.00%Term Deposit | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions |
| Personal loanLowest advertised rate, fixed or variable, leaving out car loans | 6.99%Police Student Personal Loan | 5.80%Plenti Personal Loan | 7.96%of 68 institutions |
| Credit card purchase rateOngoing purchase rate, not introductory offers | 10.76%Credit Card | 7.49%Unity Bank's Low Rate Visa Credit Card | 12.49%of 51 institutions |
Police Bank home loan repayments
Repayments at Police Bank's lowest published rate for each loan type: owner occupier at 80% LVR unless marked investor, principal and interest, products open to anyone.
- VariableGoldrate Home Loan6.29%6.36% comparison$3,710a month
$735,574 in interest, $1,335,574 repaid in all
- 1-year fixedGoldrate Home Loan6.49%6.38% comparison$3,788a month
$763,847 in interest, $1,363,847 repaid in all
- 2-year fixedGoldrate Home Loan6.49%6.40% comparison$3,788a month
$763,847 in interest, $1,363,847 repaid in all
- 3-year fixedGoldrate Home Loan6.54%6.44% comparison$3,808a month
$770,954 in interest, $1,370,954 repaid in all
- 5-year fixedGoldrate Home Loan6.79%6.59% comparison$3,908a month
$806,720 in interest, $1,406,720 repaid in all
- Investor variableGoldrate Home Loan6.49%6.56% comparison$3,788a month
$763,847 in interest, $1,363,847 repaid in all
Principal and interest, monthly, as if the rate held for the whole term: a fixed rate reverts to a variable one when the fixed period ends. Fees, offsets and extra repayments aren't included; the repayment calculator handles those. Not Police Bank's own calculator: confirm the rate with Police Bank before you apply.
Police Bank home loan rates
Compare across banks4 products
Its lowest owner-occupier variable home loan rate (principal and interest, 80% LVR) is 6.29%, with a comparison rate of 6.36%, on its Goldrate Home Loan: 32nd lowest of 104 lenders, level with 5 others.
- Essential Workers Home Loan
- Variable (owner occ. P&I)
- 6.29%, 6.36% comparison
- Fixed
- 1 yr 6.39%, 2 yrs 6.39%, 3 yrs 6.49%, 5 yrs 6.64%
- Max LVR
- 95%
- First Home Loan
- Variable (owner occ. P&I)
- 6.09%, 6.16% comparison
- Fixed
- 1 yr 6.39%, 2 yrs 6.39%, 3 yrs 6.44%, 5 yrs 6.69%
- Max LVR
- 98%
- Goldrate Home Loan
- Variable (owner occ. P&I)
- 6.24%, 6.31% comparison
- Variable (investor P&I)
- 6.44%
- Fixed
- 1 yr 6.49%, 2 yrs 6.49%, 3 yrs 6.54%, 5 yrs 6.74%
- Police Value Home Loan
- Variable (owner occ. P&I)
- 6.19%, 6.26% comparison
- Variable (investor P&I)
- 6.39%
- Fixed
- 1 yr 6.39%, 2 yrs 6.39%, 3 yrs 6.44%, 5 yrs 6.64%
Police Bank savings and transaction account rates
Compare across banks8 products
Its highest savings rate is 2.50%, on its Retirement Plus Account: 61st highest of 84 institutions.
- Bonus Saver Account
- Base rate
- 0.05%
- Bonus rate
- 4.75%
- Up to
- 4.80%
- Dynamo/Flex Account
- Base rate
- 0.00%
- Bonus rate
- 2.50%
- Up to
- 2.50%
- Easy Access Transaction Account
- Base rate
- 0.00%
- Mortgage Offset Account
- Base rate
- 0.00%
- Retirement Plus Account
- Base rate
- 2.50%
- Safeguard Transaction Account
- Base rate
- 0.00%
- Savings Plus Account
- Base rate
- 0.40%
- U30 SUPER CHARGE Account
- Base rate
- 0.00%
Police Bank term deposit rates
Compare across banks1 product
Its highest 12-month term deposit rate is 5.00%, on its Term Deposit: 57th highest of 65 institutions, level with 3 others.
| Rate | Police Bank | Best anywhere | Typical institution |
|---|---|---|---|
| 3-month term depositBest rate for 3 months | 4.30%Term Deposit | 5.30%Heartland Bank's Broker Term Deposit | 4.60%of 55 institutions |
| 6-month term depositBest rate for 6 months | 4.85%Term Deposit | 5.47%Heartland Bank's Broker Term Deposit | 5.10%of 63 institutions |
| 12-month term depositBest rate for 12 months | 5.00%Term Deposit | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions |
| 2-year term depositBest rate for 2 years | 4.60%Term Deposit | 5.60%Judo Bank's Personal Term Deposits | 4.90%of 55 institutions |
| 3-year term depositBest rate for 3 years | 4.20%Term Deposit | 5.60%Judo Bank's Personal Term Deposits | 4.25%of 44 institutions |
| 5-year term depositBest rate for 5 years | 4.20%Term Deposit | 5.65%Judo Bank's Personal Term Deposits | 4.00%of 27 institutions |
Police Bank credit card rates
Compare across banks2 products
Its lowest credit card purchase rate is 10.76%, on its Credit Card: 9th lowest of 51 card issuers, level with one other.
Police Bank personal loan rates
Compare across banks3 products
Its lowest advertised personal loan rate is 6.99% fixed, with a comparison rate of 7.13%, on its Driveaway Car Loan: 31st lowest of 69 lenders, level with 3 others.
- Driveaway Car Loan
- Fixed
- 6.99%, 7.13% comparison
- Loan size
- $5,000 to no maximum
- Upfront fee
- $98
- Personal Loan
- Fixed
- 12.99%, 13.14% comparison
- Variable
- 9.99%, 10.13% comparison
- Loan size
- $5,000 to no maximum
- Police Student Personal Loan
- Fixed
- 6.99%, 6.30% comparison
- Variable
- 7.99%, 7.20% comparison
- Loan size
- $5,000 to no maximum
Has Police Bank passed on the RBA's November 2026 rate rise?
Police Bank hasn't changed its published variable home loan rates since the RBA's 4 Nov 2026 rise.
Its published savings rates haven't moved since the RBA's 4 Nov 2026 rise.
Tue 3 Nov
Police Bank lifted 131 fixed home loan rates by 0.15 to 0.35 percentage points.
0.15 to 0.35- Goldrate Home Loan (56 rates)
- Essential Workers Home Loan (12 rates)
- First Home Loan (7 rates)
- Police Value Home Loan (56 rates)
Sun 1 Nov
Police Bank lifted 2 savings rates by 0.25 percentage points.
0.25- Bonus Saver Account (1 rate)
- Dynamo/Flex Account (1 rate)
Thu 15 Oct
Police Bank lifted 35 variable home loan rates by 0.25 percentage points.
0.25- Goldrate Home Loan (15 rates)
- Essential Workers Home Loan (3 rates)
- First Home Loan (2 rates)
- Police Value Home Loan (15 rates)
Police Bank lifted 4 savings rates by 0.25 percentage points.
0.25- Savings Plus Account (2 rates)
- Retirement Plus Account (1 rate)
- U30 SUPER CHARGE Account (1 rate)
Fri 2 Oct
Police Bank lifted 18 fixed home loan rates by 0.25 percentage points.
0.25- Goldrate Home Loan (8 rates)
- First Home Loan (2 rates)
- Police Value Home Loan (8 rates)
Published by Police Bank under the Consumer Data Right, last changed by them on 3 Nov 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.