Open Market Intel

Daily insights ·

Australian bank and non-bank rate moves, 30 September 2026

7 insights from the product data Australian lenders published under the Consumer Data Right that day, ranked by the size of the move, weighted toward the biggest lenders and the breadth of the reprice. The same wording appears on the home page the morning it is written.

Westpac lifts the purchase rate on six credit cards 2.99pp to 23.98%

On Altitude Black Rewards World Mastercard, Altitude Qantas Black, Altitude Qantas Platinum, Altitude Rewards Platinum, Altitude Velocity Black and Altitude Velocity Platinum. BankSA, Bank of Melbourne and St.George Bank, the same group, made the same move.

Credit cards · Biggest move · No. 1 of the day

MyState Bank lifts its 4-month term deposit 1.05pp to 4.90%

Online Term Deposit. Its other terms rose too, by 0.75pp to 1.35pp each. Its 10-month term deposit moved furthest, up 1.35pp to 5.10%. Auswide Bank Ltd, the same group, made the same move.

Term deposits · Biggest move · No. 2 of the day

CBA withdraws Temporary overdrafts

CBA still publishes four other overdraft products, including Business Overdraft and Temporary Excess Business.

Overdrafts · Product withdrawal · No. 3 of the day

Heartland lifts its 4-year term deposit 0.15pp to 5.25%

On $5,000 and over. Its other term deposit rates rose too, by 0.05pp to 0.35pp each. Its 2-year term deposit, on $10,000 to $2,000,000, moved furthest, up 0.35pp to 5.20%.

Term deposits · Biggest move · No. 4 of the day

CommFCU pulls its Club Rewards and MPower Rewards accounts

The personal and business versions of both accounts were last published on 29 September.

Transaction accounts · Product withdrawal · No. 5 of the day

Beyond Bank Australia lifts its 1-year fixed business loan rate 0.60pp to 7.44%

For investors paying principal and interest.

Business loans · Biggest move · No. 6 of the day

AMP Bank lifts its GO term deposit rates 0.10pp

The 12-month rate is now 5.40% and the 6-month 5.15%, for personal and business savers alike.

Term deposits · Biggest move · No. 7 of the day

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Browse every rate behind them, or see who moved, day by day.