With effect from 10am today, Tuesday 21st June, we’ve made the following changes to our Lifestyle Select Options products. We’re increasing the interest rates on: · Lifestyle Select Ultra Lite · Lifestyle Select Super Lite · Lifestyle Select Lite · Lifestyle Select Gold · Lifestyle Select Gold Plus The new interest rates will apply to Standard and Flexible options and to additional borrowing. Click to view our new interest rates, our additional borrowing interest rates or our charges. In addition, with effect from 10am on Thursday 23rd June, we’re making the following changes to our Capital Select Options products.
We’re increasing the interest rates on: · Capital Select Super Lite · Capital Select Lite We’re increasing the interest rates and reducing the maximum LTVs by up to 2% for all ages on: · Capital Select Gold (1% LTV reduction e.g. Maximum LTV at age 70 reducing from 41% to 40%) · Capital Select Gold Plus (2% LTV reduction e.g. Maximum LTV at age 70 reducing from 44% to 42%) · Capital Select Platinum (2% LTV reduction e.g. Maximum LTV at age 70 reducing from 46% to 44%) · Capital Select Platinum Plus (2% LTV reduction e.g. Maximum LTV at age 70 reducing from 48% to 46%) Capital Select Super Lite
(Standard & Flexible) | MER | AER |
Current interest rate | 4.50% | 4.59% |
New interest rate | 5.26% | 5.39% |
Capital Select Super Lite
(Cashback) | MER | AER |
Current interest rate | 4.80% | 4.91% | New interest rate | 5.56% | 5.70% |
Capital Select Lite
(Standard & Flexible) | MER | AER |
Current interest rate | 4.78% | 4.89% | New interest rate | 5.55% | 5.69% |
Capital Select Lite
(Cashback) | MER | AER |
Current interest rate | 5.08% | 5.20% |
New interest rate | 5.85% | 6.01% |
Capital Select Gold
(Standard & Flexible) | MER | AER |
Current interest rate | 5.07% | 5.19% |
New interest rate | 5.83% | 5.99% |
Capital Select Gold
(Cashback) | MER | AER |
Current interest rate | 5.37% | 5.50% |
New interest rate | 6.13% | 6.31% |
Capital Select Gold Plus
(Standard & Flexible) | MER | AER |
Current interest rate | 5.45% | 5.59% |
New interest rate | 6.02% | 6.19% |
Capital Select Gold Plus
(Cashback) | MER | AER |
Current interest rate | 5.75% | 5.90% |
New interest rate | 6.32% | 6.51% |
Capital Select Platinum
(Standard & Flexible) | MER | AER |
Current interest rate | 5.74% | 5.89% |
New interest rate | 6.30% | 6.49% |
Capital Select Platinum
(Cashback) | MER | AER |
Current interest rate | 6.04% | 6.21% |
New interest rate | 6.60% | 6.80% |
Capital Select Platinum Plus
(Standard & Flexible) | MER | AER |
Current interest rate | 6.30% | 6.49% |
New interest rate | 6.49% | 6.69% |
Capital Select Platinum Plus
(Cashback) | MER | AER |
Current interest rate | 6.60% | 6.80% |
New interest rate | 6.79% | 7.01% |
You can view our current interest rates and LTVs here. The new interest rates will also apply to additional borrowing. |