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Switch between variable & fixed interest rates

When you apply for your home loan, one of your key decisions is to choose a fixed interest rate, a variable interest rate, or a combination of both. Throughout the life of your home loan, you’ll have the opportunity to switch between a fixed or variable interest rate, or to switch to a split rate home loan.


Each type of loan offers benefits so you can decide which suits your individual situation and your outlook on interest rate movements.  If you currently have a St.George variable rate home loan and think a fixed rate is a better fit, you can make the switch via Internet Banking or the Mobile App. Find out how.


Thinking about switching? Here's how...

Talk to an expert
Speak to one of our home loan experts on 13 33 30 to learn how we can help you manage your finances, including switching between fixed and variable rates.
Request a call back
A St.George home loan expert will call you back at a time that suits you, Monday to Saturday. Request a call back
Switch online

Logon and select your home loan.
Desktop: Go to Switch to a fixed rate home loan.
App: Go to Services, then tap Switch to fixed rate.

Choose your new fixed rate and confirm.

Important information

The information on our website is prepared without knowing your personal financial circumstances. Before you act on this or any advice, please consider if it’s right for you. If you need help, call 13 33 30.

1 Rate lock requests are subject to our approval. Fees apply.

2 Redraw requests are subject to our approval. Redraw Limits for Fixed rate loans commenced before 17 May 2020: During a fixed rate period, you can only redraw up to $10,000 in each 12 month period. For this purpose, a “12 month period” is the period from the date the fixed rate period started to the first anniversary of that date and each consecutive 12 months after that, during the fixed rate period. Redraw Limits for Fixed rate loans commenced on or after 17 May 2020: During a fixed rate period, you can only redraw available funds that you have paid into the loan during your fixed rate period, up to the prepayment threshold. For more information on the prepayment threshold see the Break costs section. 

3 Where a fixed rate term applies, after the fixed rate period expires, the interest rate will revert to the applicable standard variable rate for the loan category and repayment type.