im sparticus
Go to accounts, view account info, select your complete access acc, scroll down and it will say bundle arrangements and details. In that box will be a pdf you can click on and this shows which loan number the offset is attached to.
Existing Customer (just 26/7). I checked and double checked the fee thing. I was told no fee. I even asked what if the fee is charged in 2 weeks time and was told if I am charged come back and see him and he will make the fees go away.
By the way I would have paid the $95. If they want to...
I did ask when I can sign up. I was told ring up on the 5th and they will change complete access to an offset account.
Then I asked if I had to nominate which loan I wanted it to offset and was told no need it will offset all loans.
In my situ I want this to be offsetting my PPOR debt only...
More good news if on the wealth package they are not charging the $95 for existing customers - so the Branch bank Manager and the Phone Loans manager have both told me. I am counting down the days!
Gumtree
On Melbourne radio On Monday I heard a promo for Westpac - they were marketing their fully transactional offset program called Rocket Repay. Made me think this CBA will happen and the competition is concerned?
If it is a transactional offset and you have 55k in it an the loan it is offsetting is 50k will it close the loan? At present with MISA I have been advised to only have 49kin the MISA against a 50k loan becasue if 50/50 they close it.
Thanks for the update Brady.
Is the MAV the same as the wealth package? Is the MAV yearly fee going to increase?
Should be new customers paying the $95 not penalising existing customers.
Or split it in half and charge everyone $42.50! Or take one on the chin for the cost of doing...