Offset Account
Mortgage Crusher
This account offers 100% interest offset on eligible home loans.
100% of the balance of the Mortgage Crusher account goes towards offsetting the interest on the home loan.
- eStatements available
- Visa Debit card or cheque book available
- Transact through Bank@post
- Free internet, phone and mobile banking
- Minimum balance to receive offset is $500
- Eligible on Standard Variable & Home Advantage Variable products
All Heritage Products have these great features
- Interest is calculated daily
- Direct Salary credit to loan
- Available for non-residents
- Transaction accounts which have free transactions
- LMI is applicable when LVR is more than 80%
- LMI can be capitalised - max 95% LVR for Owner Occupied loans and max 90% LVR for Investment loans
- Internet and phone banking are available
- Can switch between all products except into Living Equity and Bridging Loans
- Repayment method – minimum monthly repayment can be paid at any time during the month
- Additional repayments can be made, with no maximum repayment amounts
- Progressive Valuation Fees apply (excludes Living Equity and Bridging Loan) – ask your BDM