Offset Accounts

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
Loan Offset

This partial offset account is great for day-to-day use, it operates like a savings account but instead of paying interest, it reduces the amount of interest your client pays on their home loan.

  • Everyday transaction account
  • eStatements available
  • Visa Debit card or cheque book available
  • Transact through Bank@post
  • Free internet, phone and mobile banking
  • No monthly account keeping fees
  • Eligible on Standard Variable, Fixed Rate, Home Advantage Variable & Home Advantage Fixed products
  • Interest is paid monthly

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