Mortgage Offset Account
This savings account helps reduce the interest you pay on your mortgage. Funds are available at call. You can set up bill payments and use internet and phone banking on this account.
- Base rate
- 0%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 0% | — | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Dormant Accounts fee After 3 years an account is classed as dormant if no Member transactions occur. Interest, fees and government charges are not classed as transactions. | Event | $10.00 |
| External Electronic Periodical Payments If part of the Reduced Fees program, the first 3 transactions are free. Per transaction if Border Bank staff set up on your behalf. | Transaction | $1.00 |
| Overdrawn Savings Account Fee Payable when any Savings Account is overdrawn by $75 or more within a calendar month Interest will also be charged at the then current Overdraft interest rate | Event | $15.00 |
| Default Notice Fee Payable if and when we send you a default notice for an overdrawn account where an arrears remains unremedied after we have sent you an arrears letter | Event | $21.50 |
| Direct Debit Dishonour Fee Direct Debit Dishonour Fee per transaction | Dishonour | $9.00 |
| Counter Cash withdrawal fee up to $24,999 First 3 free if part of Reduced Fees program | Transaction |
Features
- Digital banking
- Internet banking. You can pay bills via BPAY and check your account details or make transfers anytime or anywhere online with Internet Banking – the service is free.
- Periodical Payments. Account allows Periodical Payments via External Periodical Payment Platforms
- PayID
- Email Address. Select the Contact Method that you would like to use for your PayID i.e. your mobile number or email address.
- Contributes to Reduced Fees Program. Simply maintain a combined monthly balance of $5000 or more worth of savings, investments or loans and you will receive more fee free ATM and EFTPOS transactions as well as qualify for fee rebates.
- Bill payment (BPAY) — BPAY
- BPAY - for your bill payments with access to the BPAY system*
- PayID
- Mobile Number. Select the Contact Method that you would like to use for your PayID i.e. your mobile number or email address.
Eligibility
- Minimum age — 18 years
- Individuals onlyIndividuals
- Residency status — Australian Citizen
- Residency status — Australian Residents
More Information
Published by Border Bank under the Consumer Data Right · Last updated 21 May 2026 · Product ID b45a5f77-b0d0-44fd-98a3-3465013811b4 · View on CDR.gov.au · View Source Data (JSON)