Mortgage Offset Account

At a glance

REDUCE

Interest on your home loan

100 ^%

Mortgage offset

^$ 0

Minimum balance required

Why choose our Mortgage Offset Account

Put your money to work by using a 100% Mortgage Offset Account for transactional banking and savings to reduce the interest you pay on your home loan and pay off your mortgage faster.

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

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

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

Fees

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)	Free
Teller Withdrawals	Free
Cheques Written	Free
BOQ Balance Enquiry	Free
BOQ ATM/EFTPOS fees	Free
Other Bank ATM Withdrawal	Free
BPAY	Free
Funds Transfer	Free
Single/Multi pay anyone	Free

Other fees (including other bank ATM, Bank@Post and International Transaction fees) and charges may be payable.* Please view the Personal Banking Guide to Fees and Charges below for more details.