ME Bank has reduced its 3-year fixed Super Member Home Loan Standard Loan interest rate to 4.69% (comparison rate 5.05% for members).

For non-members, the 4.69% interest rate includes a comparison rate of 5.22%.

Jamie McPhee, ME Bank CEO, said “always judge a home loan by the long term financial benefits. Don’t just hunt for cash-back and fee-waiver offers that only save you money in the short term. Use a home loan calculator to compare the savings on different deals.”

The changes are effective Wednesday, 11 September.