Westpac slashes fixed rates to 4.89 per cent in first sub-5 per cent major bank offer | The West Australian

Westpac has taken a “chainsaw” to its fixed interest rates, becoming the first major bank to offer customers a rate below 5 per cent. The big four bank has dropped its two-year fixed interest rate by 70 basis points to 4.89 per cent. https://thewest.com.au/business/westpac-slashes-fixed-rates-to-489-per-cent-in-first-sub-5-per-cent-major-bank-offer-c-19843882