Home Loan Companion Account
Our Home Loan Companion Account is a simple account designed primarily for offsetting against your home loan balance but also to assist with settlement of your loan
Fees
| Fee | Type | Amount |
|---|---|---|
| Overdrawn Account Fee each item paid, up to a maximum of once per account, per day. Charged to your account on the day where drawings are paid and the account subsequently becomes overdrawn without prior approved arrangements, or where an approved overdraft limit is exceeded. Note: An Overdrawn Account Interest Rate will also apply. The rate applied to your overdrawn account may change for time to time and can be found at: Virgin Money | Everyday Banking, Credit Cards, Home Loans, Superannuation, Car Insurance, Life Insurance, Income Protection & Home and Contents | Virgin Money Australia | Event | $15.00 |
| Pay Anyone | Payment | $0.00 |
| Telegraphic Transfer Fee (outward) - Credit For credit of an account with another financial institution. | Payment | $30.00 |
| Vouchers and other records for searching - Location and photocopying Location and photocopying | Event | $12.00 |
| Account Maintenance Fee Charged monthly | Ongoing | $0.00 |
| Vouchers and other records for searching - Privacy Act each hour (GST inclusive) Privacy Act - access request |
Features
- Unlimited transactions
- free funds transfer and BPAY
- Offset account
- ability to offset interest costs against your nominated variable rate loan
- Unlimited transactions
- free Direct Debits
- no ongoing fees
- no minimum monthly balance
- Unlimited transactions
- free Pay Anyone payments
- Under the Financial Claims Scheme (FCS) the Australian Government guarantees certain deposits up to $250 000 held with an authorised deposit-taking institution (ADI). The Home Loan Companion Account is issued by Bank of Queensland Limited, and as such, qualifying deposits placed into that account are covered under the government guarantee provided to Bank of Queensland Limited (the ADI)
Eligibility
- Individuals onlyPersonal customers only
More Information
Published by Virgin Money under the Consumer Data Right · Last updated 16 March 2026 · Product ID d9176288-5c03-ee11-8f6e-00224814dce7 · View on CDR.gov.au · View Source Data (JSON)