Offset Investment Loan IO
A home loan packed with positives for future generations.
- From (investment)
- 6.44%
- 6.47% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable New home loans only. Effective from 18th June 2026. Limited time offer. Eligibility criteria, T&Cs, fees and charges apply. | 6.44% | 6.47% | Refinance Special Offer ≤80% |
| Variable | 6.49% | 6.52% | LVR 60% or less |
| Variable | 6.54% | 6.57% | LVR 70% or less |
| Variable | 6.59% | 6.62% | LVR 80% or less |
| Variable | 6.94% | 6.97% | LVR 90% or less |
Fees
| Fee | Type | Amount |
|---|---|---|
| Monthly Offset Account Fee Charged monthly | Ongoing | $0.00 |
| Offset Home Loan Annual Fee Charged yearly · Annual fee payable on all Offset Home Loans and Clean Energy Home Loans. The fee is debited to the loan annually on the anniversary date of funding and is non refundable. Only one annual fee applies per customer where multiple loans exist. | Ongoing | $199.00 |
| Establishment Fee | Upfront | $0.00 |
| Platinum Rewards Credit Card Annual Fee Charged yearly · An annual fee charged on your credit card.
| Ongoing | $189.00 |
| Portability Fee- New Mortgage Payable when you request that a property securing a loan is replaced with a property that is a new security to Bank Australia. | Event |
Features
- Digital banking
- You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.
- 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. Up to a limit of $20,000.
- Make your loan repayments monthly
- Split loan between variable and fixed is available
- Extra repayments
- You can make extra repayments on variable rate loans
Eligibility
- Minimum age — 18 yearsIndividuals (natural persons) must have the legal capacity to enter into the loan contract, provide acceptable identification documentation and be 18 years or older.
- Individuals onlyNot available for non-personal borrowers.
- Applications for loans are subject to the Bank's lending criteria.
- Residency status — AUAustralian citizen or permanent resident of Australia
Constraints
- Minimum limit — $10,000.00
Bundles
Offset Loan
Offset Loan
Offset loans include an annual fee waiver for the Platinum Rewards Credit Card and everyday banking.
More Information
Published by Bank Australia under the Consumer Data Right · Last updated 23 June 2026 · Product ID c17448a3-c764-44b0-80c6-8cd2b4c898e8 · View on CDR.gov.au · View Source Data (JSON)