Offset Account
Your account balance is 100% offset against a linked MyState Bank Home Loan. Monthly account fee of $8. Loaded with clever new banking tech that shows you where your money goes. Pay your way with ApplePay and Google Pay
Fees
| Fee | Type | Amount |
|---|---|---|
| Transaction Trace Fee Per Transaction or Trace Search | Event | |
| Overdrawn Fee Per daily occurrence, for any savings or transaction account (with or without an pproved overdraft limit) where we honour a transaction that overdraws the account or exceeds the authorised overdraft limit. | Event | |
| BPAY Query and Correction Fee This fee is charged when you request a trace or a correction of a BPAY transaction. | Event | |
| Monthly Account Fee Charged monthly | Ongoing | |
| Transaction Verification Fee, Copy of Sales Voucher Charged when we are requested to investigate a transaction or a copy of the sales voucher is requested. The fee will not be charged if we find that the transaction is incorrect | Event | |
| Repurchase of Foreign Currency Documents Applies when you request us to purchase overseas drafts, personal cheques or negotiable instruments up to AUD $2,000 value. Fee is charged when the foreign currency documents are repurchased. | Transaction | |
Features
- Card access — Visa Debit Card.
- Digital banking
- Stay flexible anywhere and anytime with the MyState Bank app.
- Digital wallet — Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay.
- Real-time payments (NPP)
- Send and receive money in less than 60 seconds.
- Offset account
- 100% Offset to the linked eligible MyState Bank loan account.
- PayID
- Send and receive money in less than 60 seconds. Add your mobile number or email address as a PayID and use this in place of your BSB and Account number.
- Insights Hub Insights takes your everyday account activity and turns it into helpful, personalised information about the way you use your money. It's like personal financial support in your pocket - everything you need to know to keep on top of your bills, manage your spending and maximise your opportunities to save.
Eligibility
- Individuals only
- Can only be offset against MyState Bank home loan products as determined from time to time and only if the account and the home loan are in the name(s) of the same person(s); We will switch your offset account to an alternate transaction account in circumstances where there is no active eligible loan to link the offset account to.
More Information
Published by MyState Bank under the Consumer Data Right · Last updated 4 March 2026 · Product ID 47e17301-bbc9-436e-a9b0-5c9f10d3fa89 · View on CDR.gov.au · View Source Data (JSON)