Interest Rate Update March 2026

Your rate is changing

Following the Reserve Bank of Australia (RBA) board’s decision to increase the official cash rate by 0.25% p.a. at their March 2026 meeting, Pepper Money will be increasing the variable interest rate for existing residential, commercial, construction, and SMSF loans by 0.25% p.a.

Effective date

This change will take effect from 27 March 2026. If your repayment amount needs to change, we will confirm this for you along with the date of the repayment change in the letter you will receive. 

What type of loans will this apply to?

The interest rate increase will apply to customers with existing variable interest rate loans including all variable home loans, variable commercial real estate, variable construction and Self-Managed Super Fund (SMSF) loans.

What happens next?

We’ll be sending eligible customers a letter confirming their new interest rate, new minimum monthly repayments, and the effective date of the new repayments.

Having trouble making repayments?

We understand that a rate increase may place additional pressure on some customers.

We’re here to help. A hardship arrangement could change how often or how much you need to pay, and help stop missed payments showing on your credit report.

You can get in touch with us on 1800 185 914 or visit our financial support hub at www.peppermoney.com.au/financial-support

Get in touch with a Lending Specialist

Tell us about your situation. The more we learn, the better we can help.