What interest rates are changing?

On 24 January 2024, the Standard Interest Rate applying to your Farmers Mastercard will increase from 25.95% p.a. to 28.50% p.a. This is the interest rate which applies to outstanding balance at the end of the interest free period of a Standard Purchase, a Long Term Finance plan, Balance Transfer, Fixed Instalment plan and any unpaid Fixed Instalment amount.

The Cash Advance Interest Rate which applies to all Cash Advances will increase from 27.50% p.a. to 29.50% p.a.

Tag: Interest Rate Update