At a glance

Interest on your home loan
100 %
Mortgage offset
$ 0
Minimum balance required

Why choose our Mortgage Offset Account

Have you got some savings left over after applying for your home loan? A 100% Mortgage Offset Account is a great way to reduce the interest you pay on your home loan, to pay off your mortgage faster. 

Offset your mortgage

Interest charged on your home loan is calculated on your loan balance, minus the funds held in your offset account.

Access your money

The Mortgage Offset Account works like a normal transactions account, so you can access your money any time.     

Offset your outstanding balance

Interest is calculated on the daily closing balance of your home loan offset account - up to the outstanding balance of your home loan.


At BOQ, we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.

Fee type Fee Amount
Account Maintenance Fee Nil
Monthly Card Fee (Visa Debit) $1
Teller Withdrawals 2 free then $2 each
Cheques Written 2 free then $1 each
BOQ ATM/EFTPOS fees 2 free then $0.65 each
Other Bank ATM Withdrawal Free

A full list of fees can be found in our Fees and Charges Guide below.


Important information

For important information on our Mortgage Offset Account, view our Terms and Conditions.

Ready to apply?

You might also be interested in:

Clear Path Variable Home Loan
Interest rate
4.47 % P.A.
For owner occupiers
Comparison rate
4.60 % P.A.

Our most popular low rate loan, packed with features

Clear Path Variable Home Loan

If you're looking for a fully featured, cheap home loan with a low rate, our Clear Path Variable Rate Home Loan is for you!

  • Owner occupier and investor options available
  • Mortgage offset
  • Flexible repayments
Home Loan Privileges Package

Save on fees and interest when you package your products

Home Loan Privileges Package

Combine your transaction account with your home loan and we’ll waive the monthly fees and application fees on all your package loans.

  • The more products, the bigger the savings
  • Fixed rate and variable rate home loans
  • $395 Annual package fee