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.

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.

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.

 

Important information

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

Ready to apply?

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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

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