Skip to main content

Customer alert update: Due to a technical issue monthly interest payments have not been paid to Bonus Saver and mySaver accounts. The problem has been identified and the bonus interest payments issue will be resolved overnight (1 June 2020). We will pay bonus interest at the previous interest rates (1.34%p.a. for Bonus Saver or 1.54% for mySaver + 0.01%p.a. base rate) effective to 31 May 2020 to all eligible account holders. The new interest rates announced on 28 May 2020 will now apply from 1 June 2020. The interest payment for May will now appear on your June statement, and in Internet Banking and the App. Again, we are very sorry for the delay in paying your interest and any inconvenience caused. View details

×

The bank with clean money is
the bank Australia needs

A truly responsible bank can make society better. We use the money our customers deposit to make loans to people, community organisations
and businesses that create positive change. By choosing to bank with us, you will have peace of mind knowing your money won’t be supporting the growth of harmful industries.

No monthly account fee

 This account has no monthly fees.

You can help make a positive difference

By moving your banking to Bank Australia, you are ensuring your money isn’t supporting the fossil fuel industry or industries that harm people and the planet.

Reduces the interest on your home loan

 100% of the funds in this account offset against your home loan. 

What is a Mortgage Offset account? 

A Mortgage Offset account reduces the amount of interest you pay on your home loan. The amount within this account is offset against your home loan, meaning you only pay interest on the difference. 

Explore our Premium home loan

Why choose our Mortgage Offset account

Get instant access to your Visa debit card

The days of having to wait for your card in the mail are over. Securely view your card details (full card number, expiry date, embossed name and CCV) from the App or Internet Banking.

No more waiting

If you sign up online or already have an existing card with Bank Australia, you will instantly receive a digital version of your card, available via the App or Internet Banking.

Add to your digital wallet

Add your new digital card to Apple Pay, Samsung Pay or Google Pay to start spending straight away. No need to wait for your physical card to arrive.

Cancel, reorder and go

If you need to cancel your card, you can reorder it via the App or Internet Banking and instantly receive your new digital card, which will be available in the App or Internet Banking.

Everything you need to know about this account

Eligibility

Our Mortgage Offset account is only available for Premium home loan and Premium home loan package customers. 

A truly responsible bank can make society better

We use the money our customers deposit to make loans to people, community organisations and businesses that create positive change. When you bank with Bank Australia, you can be confident your money is working towards a positive and more sustainable future. 

That’s why we’re the bank with clean money.

The fine print

Terms and conditions, fees and charges apply and are available on application. Loans subject to normal lending criteria and approval.