Offset Account
Pay off your home loan faster and reduce the interest on your home loan {sub-heading}
At a glance
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.{sub-heading}
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 transaction account, so you can access your money any time.
Interest calculated daily
Interest is calculated on the daily closing balance of your home loan offset account - up to the outstanding balance of your home loan.
Free ATM withdrawals*
You can withdraw cash or check your account balance at BOQ ATMs fee-free, however, other ATM owners may charge you a fee. Within Australia, any ATM fees should be displayed on the ATM screen before you proceed with the transaction.
Unlimited transactions
Unlimited cheques, withdrawals, BOQ balance enquiries, funds transfer and BPAY transactions
No minimum monthly deposit or balance
Deposit as much or as little as you want anytime, into your Mortgage Offset Account
Visa Debit Card
Shop online, in-store, in Australia and overseas with your Visa Debit Card
Fees{yellow-border}
At BOQ, we keep our fees to a minimum and we’ll always show them upfront, so there are no surprises.{sub-heading}
Fee Type
Fee Amount
Important information{yellow-border}
For important information on our Mortgage Offset Account, view our Terms and Conditions.{sub-heading}
Personal Banking Guide to Fees and Charges
PDF{sub-tag}
Deposit Products Terms and Conditions
PDF{sub-tag}
Ready to apply?{yellow-border}
- Call us on 1300 638 176{sub-heading}
- Come in and see us{sub-heading}
Find your nearest branch{sub-heading}
You might also be interested in:{yellow-border}
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!
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