RBA rate cut November 2020 Talk to us Phone us Email us Breadcrumbs UniBank About Us Member news & media 2020 RBA rate cut 20 November 20 November After the recent RBA reduction to the official cash rate on Tuesday, 3 November 2020, the Bank has announced a decrease to our fixed home loans and term deposit rates. In adjusting these rates, we have taken into consideration the cost of funding, current market conditions and prudent financial management of the Bank. Interest rates are decreasing from Monday, 23 November 2020 for: All new fixed home loans All new term deposits Individual product pages for home loans and term deposits will be updated with the new rates from the dates mentioned above.