--- title: "Mortgage Offset - Fixed — Bank Australia" description: "Transaction & Savings Accounts from Bank Australia. Rates, fees, features and eligibility as published under Australia's Consumer Data Right." canonical: https://www.cdrcompare.au/brands/bank-australia/products/74abc113-f4ee-4bac-a973-5a2218f543a1 source: "CDR Compare" language: en-AU last_updated: 2026-06-24T05:52:04.656Z --- # Mortgage Offset - Fixed — Bank Australia > Transaction & Savings Accounts from Bank Australia. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Transaction & Savings Accounts** 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. A cap of $20,000 applies to offsetting fixed rate loan. ## Fees | Fee | Type | Amount | | --- | --- | --- | | Dishonour Fee — A fee charged where a debit presented to us is dishonoured because there aren't enough available funds in your account. | Dishonour | $0.00 | | Monthly Offset Account Fee — Charged monthly | Ongoing | $0.00 | | Visa emergency card/cash overseas fee — A fee charged when you need an emergency replacement card or cash delivered to you on an urgent basis to an address overseas. | Event | USD 175.00 | | Domestic ("press credit") cash withdrawal fee — A fee that applies to any cash withdrawal transaction within Australia made using the "credit" option on a Bank Australia Visa Debit card. | Withdrawal | $0.00 | | Exceeding available funds fee — A fee charged when you exceed the actual balance or authorised limit of your savings account, transaction account, or overdraft facility greater than $100 payable on the day the event occurs or next day. | Event | $0.00 | | International transaction fee (ITF) — When you undertake an International transaction on a Bank Australia Visa Debit Card you will be charged the fee. An International transaction is any purchase, withdrawal or credit in a currency other than Australian Dollars or where the merchant or financial institution accepting the transaction is outside of Australia or where there is a currency conversion. | Transaction | 3% of transaction | | Visa foreign cash withdrawal fee — A fee that applies to any cash withdrawal transaction made with your Bank Australia Visa Debit Card outside Australia. | Withdrawal | $0.00 | | Staff assisted withdrawal fee — A fee charged for taking money out of your account with the assistance of a staff member, charged on the day the service is provided. | Event | $0.00 | | Debit interest charge rate — Additional interest charged on overdrawn account. | Event | 12.39% of transaction | | Certificates supplied by the bank — A fee for comprehensive certificates supplied for audit. The cost is $5 per page and $25 per hour. | Event | $5.00 | | Duplicate statement fee — $5 per statement (for period more than 3 months before request). A fee that may be charged if you order a copy of a statement that has already been issued on your account. This fee per statement and is charged on or after the day you order the duplicate statement. | Event | $5.00 | | Dormancy Fee — Charged yearly · Administration fee where account has been transferred to dormancy status. | Ongoing | $10.00 | | Security token fee — When you request that we provide you with a physical Token to provide an additional layer of security when you engage in transactions that carry a higher risk. We do not charge for the virtual token. | Event | $50.00 | | SMS alert fee — This fee is charged when you elect to receive notifications about your account via SMS messages to a mobile telephone number you have given us for contacting you. The cost is per SMS. | Event | $0.25 | | Same day funds transfers within Australia fee (RTGS) — This fee is for a Real Time Gross Settlement (RTGS) payment which refers to the process of transferring money from one bank to another in Australia on a real time and gross basis. The cost is per transfer. | Transaction | $20.00 | | Staff assisted international payment in foreign currency — This fee is charged when you make an International Payment in foreign currency via a Branch or the Contact Centre. The cost is per transfer. | Transaction | $30.00 | | Staff assisted international payment in AUD — This fee is charged when you make an International Payment in AUD via a Branch or the Contact Centre. The cost is per transfer. | Payment | $30.00 | | Online international payment in foreign currency — This fee is charged when you make an International Payment in foreign currency on-line via Internet banking or Bank Australia app. The cost is per transfer. | Payment | $10.00 | | Inwards Payment fee — International money transfer from overseas (other fees may be charged by participating banks involved in the transaction or settlement). The cost is per transaction. | Deposit | $0.00 | ## Features - **Bill payment (BPAY)** — BPAY (You can pay bills with the BPAY logo via Bank Australia App or Internet Banking.) - **Card access** — Visa Debit Card (Use instore, online and withdraw local currency at millions of locations, everywhere Visa is accepted. Cards are enabled to support diverse needs with raised bumps on the left hand-side on the front face of the card.) - **Digital banking** (You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.) - **Digital wallet** — Google, Samsung and Apple Pay available (Leave your wallet behind and pay for the things you need with Google Pay/Samsung Pay/Apple Pay.) - **Notifications** — Card and Account Notifications (Notifications can be enabled in the App or through Internet Banking, allowing you to be alerted either by email, sms or through the App about your card/account activity.) - **Real-time payments (NPP)** (Move money and pay people instantly with Osko.) - **PayID** (With PayID you can forget your BSB and account number - simply use your mobile, email or ABN to receive payments. This account can be linked to a PayID.) - **Card Controls: Decide the features you want enabled on your card including card lock, digital wallet, pay wave, international transactions, ATM withdrawals or online/instoretransactions and simply switch them on or off from your App or Internet Banking.** - **Round Up: When you make a transaction with your Visa debit card, you can decide whether you want the amount to be rounded to the nearest whole dollar amount, with the round up being credited from this account into your nominated Savings account or Credit Card.** - **Bank@Post: Customers with a Bank Australia Visa debit card can make cash deposits up to $9,999.95 per day.** - **PayTo Payments: You can make recurring and one-off payments with any participating PayTo merchant, business or service provider and keep track of all the payments in the Bank Australia app or Internet Banking.** - **Unlimited transactions** (There is no limit to the number of online, EFTPOS, ATM or staff assisted transactions you can make.) ## Eligibility - **Individuals only** (Natural Person or In trust for a Natural Person) - **Personal, Joint and Trust** - **Available to customers who have a Offset loan or a Clean Energy loan. A limit of one Offset account can be linked to a fixed rate loan.** - **Residency status** — AU (Must be an Australian citizen, permanent resident or have a valid Visa) ## Constraints - **Maximum balance** — $20,000.00 (A cap of $20,000 applies to offset accounts when the home loan is fixed) ## More information from Bank Australia - [Overview](https://www.bankaust.com.au/support/mortgage-offset) - [Terms & conditions](https://www.bankaust.com.au/support/disclosures) - [Fees & pricing](https://cdn.bfldr.com/1R31Y8GR/as/ttcjnnjsvnsm9k5gx5qpmwbp/Fees_charges_and_transaction_limits) ## Data provenance - Published by Bank Australia under the Consumer Data Right - Product ID: `74abc113-f4ee-4bac-a973-5a2218f543a1` - Last updated by the provider: 24 June 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/bank-australia/74abc113-f4ee-4bac-a973-5a2218f543a1 - Provider page: https://www.cdrcompare.au/brands/bank-australia - CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000150 --- Source: [CDR Compare](https://www.cdrcompare.au/brands/bank-australia/products/74abc113-f4ee-4bac-a973-5a2218f543a1) — product data published by Australian data holders under the Consumer Data Right. 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