My Offset
The My Offset account uses your savings balance to reduce the interest charged to an eligible gmcu home loan.
- Base rate
- 0%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 0% | — | daily |
Fees
| Fee | Type | Amount |
|---|---|---|
| CHEQUES_YOU_DEPOSIT Capped at $0.00 · Fee for every cheque you deposit to your account | Transaction | $0.20 |
| ATM_BALANCE_ENQUIRY Capped at $0.00 · Each time a balance enquiry is requested at an ATM | Event | $0.50 |
| DECLINED_ATM_OR_EFTPOS_TRANSACTION Capped at $0.00 · Each time an ATM or EFTPOS transaction is declined | Event | $1.00 |
| BRANCH_WITHDRAWAL Capped at $0.00 · Includes all in-branch cash transfer and BPAY withdrawal
| Withdrawal | $4.00 |
Features
- Bill payment (BPAY)
- Card access
- Digital banking
- Real-time payments (NPP)
- PayID
- Offset account
- Unlimited transactions
- Electronic withdrawals
- Unlimited transactions
- Card purchase / EFTPOS / ATM
Eligibility
- product is only available to members with an eligible gmcu home loan
- Individuals only
Constraints
- Minimum balance — $1.00
More Information
Published by gmcu under the Consumer Data Right · Last updated 9 April 2026 · Product ID My_Offset · View on CDR.gov.au