Enjoy the flexibility of an offset account like an everyday transaction account. The credit balance offsets what's owed on an eligible G&C Mutual Bank home loan to reduce the interest you pay whilst still giving you the flexibility of 24/7 access to your funds when you need them.
Offset accounts can be linked to any First Home Premium Package, Momentum Home Loan, Premium Package Home Loan or Standard Variable Home Loan.
|Daily Balance||Interest Rate|
|$0 plus||0.00% p.a.|
|Minimum opening deposit :||$0|
|Funds available :||At Call – 24/7 access|
|Statement options :||Online statements|
|Monthly account fee :||$0|
|Transaction fees :||Unlimited free transactions available – refer to our fees and charges brochure|
|Service centre access :||Yes|
|Online, Mobile and Phone banking :||Yes|
|Visa debit card :||Yes|
|Cheque book :||No|
|Direct credit :||Yes|
|Direct debit :||No|
|Quick debit :||Yes|
|Periodical payment :||Yes|
|Interest calculation :||Calculated on daily balance and paid monthly|
|Conditions :||Offset monthly to linked home loan|
Terms and conditions, fees and charges apply.