Understanding the RBA’s cash rate announcement - NAB
Official cash rate announcement for February, 2026.
The Reserve Bank of Australia (RBA) has increased the official cash rate by 0.25% to 3.85% p.a. To learn more about why the RBA has changed the official cash rate, read the latest Monetary Policy Decision statement by RBA Governor Michelle Bullock.
Our response to the RBA announcement
Following RBA’s review of the cash rate, there will be changes to our variable rate home loans.
NAB will increase the variable home loan interest rates by 0.25% p.a., effective Friday 13 February 2026. View these rate changes on the NAB app and internet banking from Friday 13 February 2026.
Ways we can support
Updating your minimum repayment
If you're eligible, you can reduce your minimum repayment using the NAB app.
- Log into the NAB app and select your home loan account.
- Tap the Manage button.
- Scroll down and tap Update your minimum repayment.
- Tap Let’s start, follow the prompts and if you’re happy, tap Agree and submit the change.
- We’ll let you know when we’ve reduced your repayments.
- Ensure your repayment method is up to date.
Explore other products and resources
Home loan interest rates
View our fixed and variable interest rates for owners and investors to see what works best for you.
Home loan tools and calculators
Calculators and tools to help with all your home loan needs.
Home loans
Home loans for every need with tools, calculators and guides to help you choose.
Help and support
If you need help improving your financial wellbeing or if you’re experiencing financial difficulties, we’re here to help.
Short term help
If you’ve had some unexpected expenses recently and you’ve missed a payment, or if you think you might miss a payment soon, please get in touch with us so we can help.
Call Customer Assist
If you’re a personal bank customer, speak to us for support that’s specific to you.
Monday to Friday, 8:00am to 8:00pm (AEST/AEDT)
Saturday, 9:00am to 1:00pm (AEST/AEDT)
Within Australia: 1300 661 114
Call Business Assist
For small business and commercial customers within Australia, speak to us about getting support.
Monday to Friday, 8:00am to 6:00pm (AEST/AEDT)
Within Australia: 1300 881 661
Long term assistance
If your circumstances have changed and it’s impacting your ability to keep up with your payments on an ongoing basis, please contact our Customer Care team as soon as you can for assistance.
Call Customer Care
If you’re a personal bank customer, we can help find a solution that’s right for your circumstances.
Monday to Friday, 8:00am to 8:00pm (AEST/AEDT)
Saturday, 9:00am to 1:00pm (AEST/AEDT)
Within Australia: 1800 701 599
Call Business Customer Care
For small business and commercial customers within Australia, we can help tailor a solution to your needs.
Monday to Friday, 8:00am to 5:00pm (AEST/AEDT)
Within Australia: 1300 961 577
Terms and Conditions
Apologies but the Important Information section you are trying to view is not displaying properly at the moment. Please refresh the page or try again later.
Any advice on our website has been prepared without considering your objectives, financial situation or needs. Before acting on any advice, consider whether it is appropriate for your circumstances and view the Product Disclosure Statement or Terms and Conditions available online or by contacting us. Credit applications are subject to credit assessment criteria. Interest rates, fees and charges are subject to change. Target Market Determinations for our products are available at nab.com.au/TMD. Products issued by NAB unless stated otherwise.
© National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686