We have made the following changes to our Capital Select options
We have increased the LTVs on:
- Capital Select Super Lite Standard, Flexible & Cashback
- Capital Select Lite Standard, Flexible & Cashback
- Capital Select Gold Standard, Flexible & Cashback
- Capital Select Gold Plus Standard, Flexible & Cashback
We have reduced the interest rates on:
- Capital Select Platinum Standard, Flexible & Cashback
We have increased the interest rates on:
- Capital Select Super Lite Standard, Flexible & Cashback
- Capital Select Lite Standard, Flexible & Cashback
- Capital Select Gold Standard, Flexible & Cashback
- Capital Select Gold Plus Standard, Flexible & Cashback
- Capital Select Platinum Plus Standard, Flexible & Cashback
The new Capital Select interest rates are:
| Product name | Old interest rate (MER) | New Interest Rate (MER) | Old interest rate (AER) | New Interest Rate (AER) |
| Capital Select Super Lite | 2.95% | 3.44% | 2.99% | 3.49% |
| Capital Select Lite | 3.24% | 3.73% | 3.29% | 3.79% |
| Capital Select Gold | 3.73% | 4.02% | 3.79% | 4.09% |
| Capital Select Gold Plus | 4.30% | 4.50% | 4.39% | 4.59% |
| Capital Select Platinum | 4.69% | 4.67% | 4.79% | 4.77% |
| Capital Select Platinum Plus | 5.83% | 6.02% | 5.99% | 6.19% |
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The new Capital Select LTVs (age 70) are:
| Product name | Old LTV
(age 70) |
New LTV (age 70) |
| Capital Select Super Lite | 32.0% | 35.0% |
| Capital Select Lite | 35.0% | 37.0% |
| Capital Select Gold | 38.5% | 39.0% |
| Capital Select Gold Plus | 40.5% | 41.0% |
| Capital Select Platinum | 43.0% | 43.0% |
| Capital Select Platinum Plus | 45.0% | 45.0% |
