RBA rate tracker: which lenders are passing on the February 2026 cash rate hike?

Here's every bank and lender who is passing on the RBA's February 2026 cash rate hike and when.

Key takeaways

  • The Reserve Bank hiked the cash rate to 3.85% on 3 February 2026.
  • So far more than 60 lenders have announced a rate hike, including all of the Big Four banks.
  • We're tracking every lender announcement right here.

Want a better home loan?

Start comparing today

Which lenders have announced a rate increase?

Search for your lender in the table below. We will update this table as lenders announce rate hikes.

Lender Increase details Effective date More info
ANZ25 basis pointsFri 13 Feb 2026
CommBank25 basis pointsFri 13 Feb 2026
NAB25 basis pointsFri 13 Feb 2026
Westpac25 basis pointsTue 17 Feb 2026
AMP25 basis pointsMon 09 Feb 2026
Arab Bank Australia25 basis pointsTue 17 Feb 2026
Athena25 basis pointsTue 10 Feb 2026
Aussie25 basis pointsFri 13 Feb 2026
Australian Military Bank25 basis pointsFri 20 Feb 2026
Australian Mutual BankTBC
AusWide Bank25 basis pointsThu 12 Feb 2026
Bank Australia25 basis pointsThu 19 Feb 2026
Bank First25 basis pointsFri 20 Feb 2026
Bank of ChinaTBC
Bank of Melbourne25 basis pointsTue 17 Feb 2026
Bank of Sydney25 basis pointsTue 17 Feb 2026
Bank of us25 basis pointsThu 19 Feb 2026
Bank OrangeTBC
BankSA25 basis pointsTue 17 Feb 2026
BankVic25 basis pointsTue 17 Feb 2026
BankWAWTBC
Bankwest25 basis pointsFri 13 Feb 2026
BCU Bank25 basis pointsWed 18 Feb 2026
Bendigo Bank25 basis pointsWed 11 Feb 2026
Beyond Bank25 basis pointsTue 17 Feb 2026
BluestoneTBC
BOQ25 basis pointsFri 06 Feb 2026
Border BankTBC
Broken Hill BankTBC
Cairns BankTBC
Central Murray BankTBC
Central West Credit UnionTBC
Coastline BankTBC
Community First BankTBC
Credit Union SATBC
Defence BankTBC
DnisterTBC
Easy StreetTBC
Family First Credit UnionTBC
Fire Service Credit UnionTBC
Firefighters Mutual Bank25 basis pointsTue 17 Feb 2026
First Option BankTBC
FirstmacTBC
Freedom LendTBC
G&C Mutual Bank36 basis pointsWed 18 Mar 2026
Gateway BankTBC
Geelong Bank25 basis pointsFri 27 Feb 2026
Goulburn Murray Credit UnionTBC
Great Southern Bank25 basis pointsFri 13 Feb 2026
Greater Bank25 basis pointsFri 13 Feb 2026
Heritage Bank25 basis pointsTue 17 Feb 2026
Homeloans25 basis pointsFri 13 Feb 2026
HomeStar Finance25 basis pointsMon 09 Feb 2026
Horizon BankTBC
HSBC25 basis pointsMon 16 Feb 2026
Hume BankTBC
Illawarra Credit UnionTBC
IMB25 basis pointsTue 17 Feb 2026
ING25 basis pointsTue 10 Feb 2026
La TrobeTBC
Laboratories Credit Union25 basis pointsSun 01 Mar 2026
Liberty Financial25 basis pointsFri 13 Feb 2026
loans.com.auTBC
Macquarie Bank25 basis pointsFri 20 Feb 2026
ME25 basis pointsSat 07 Feb 2026
Mortgage HouseTBC
MOVE BankTBC
MyState Bank25 basis pointsThu 12 Feb 2026
Newcastle Permanent25 basis pointsFri 13 Feb 2026
NICU25 basis pointsTBC
NRMA Insurance Home Loan25 basis pointsFri 13 Feb 2026
P&N Bank25 basis pointsWed 18 Feb 2026
Pacific Mortgage GroupTBC
People's Choice Credit Union25 basis pointsFri 13 Feb 2026
Pepper Money25 basis pointsFri 13 Feb 2026
Police BankTBC
Police Credit UnionTBC
Qantas MoneyTBC
QBank25 basis pointsWed 18 Feb 2026
Qudos Bank25 basis pointsThu 19 Feb 2026
Queensland Country BankTBC
RACQ Bank25 basis pointsTue 17 Feb 2026
ReduceTBC
Regional Australia Bank25 basis pointsTue 17 Feb 2026
resiTBC
RESIMAC Financial Services25 basis pointsFri 13 Feb 2026
South West Slopes BankTBC
Southern Cross Credit Union25 basis pointsMon 02 Mar 2026
St.George25 basis pointsTue 17 Feb 2026
Sucasa25 basis pointsMon 09 Feb 2026
Summerland Bank25 basis pointsFri 13 Feb 2026
Suncorp25 basis pointsFri 13 Feb 2026
Teachers Mutual Bank25 basis pointsTue 17 Feb 2026
The CapricornianTBC
The MacTBC
The Mutual Bank25 basis pointsMon 23 Feb 2026
Tiimely Home25 basis pointsFri 13 Feb 2026
Transport Mutual Credit UnionTBC
Ubank25 basis pointsThu 12 Feb 2026
UniBank25 basis pointsTue 17 Feb 2026
Unity Bank36 basis pointsWed 18 Mar 2026
Unloan25 basis pointsFri 13 Feb 2026
Up Home Loan25 basis pointsWed 11 Feb 2026
Virgin Money25 basis pointsSat 07 Feb 2026
Well MoneyTBC
YardTBC
Yellow Brick RoadTBC

Why did the RBA increase the cash rate at its February 2026 meeting?

One of the Reserve Bank's priorities is to keep inflation at a reasonable level. That's a target band of 2-3%. Lately, inflation has been consistently running above 3%.

The Reserve Bank responded to the persistent inflation by lifting the official cash rate target. This is a benchmark interest rate that affects banks' short term borrowing costs.

Banks typically pass any cash rate increases on to consumers in the form of higher variable home loan rates.

Higher rates makes borrowing more expensive. This constrains borrowing activity and forces borrowers to pay more money in interest. This, in theory, drives down spending in other areas and reduces inflation.

My home loan rate went up, what should I do?

No one wants to spend more money on home loan repayments each month, but that's what a cash rate increase means.

If your lender has just announced a rate increase, here's what you can do:

  1. Figure out what this rate rise will cost. Use a calculator to work out how much your monthly repayments will increase. This helps you budget for higher costs.
  2. Compare home loan rates. Use the table here. While every lender will be increasing rates, there may still be better deals on the market, so it's worth comparing.
  3. Decide if it's time to switch. If you find a better deal elsewhere, it might be time to refinance. A lower rate can save you a lot of money.

Sources

Richard Whitten's headshot
Senior Money Editor

Richard Whitten is Finder’s Senior Money Editor, with over eight years of experience in home loans, property, credit cards and personal finance. His insights appear in top media outlets like Yahoo Finance, Money Magazine, and the Herald Sun, and he frequently offers expert commentary on television and radio, helping Australians navigate mortgages and property ownership. Richard started his career in education and textbook publishing in South Korea. He holds multiple industry certifications, including a Certificate IV in Mortgage Broking (RG 206) and Tier 1 and Tier 2 certifications (RG 146), as well as a Bachelor of Education from the University of Sydney and a Graduate Certificate in Communications from Deakin University. See full bio

Richard's expertise
Richard has written 698 Finder guides across topics including:
  • Home loans
  • Credit cards
  • Personal finance
  • Money-saving tips
More resources on Finder

Get rewarded $$ for switching with Finder Rewards

Find a better deal, save on your bills and get a free gift card. Sign up to be the first to hear about new Finder Rewards.

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More guides on Finder

Go to site