Offset accounts attached to fixed-rate loans

[D.T.]

If the concept is to be able to contribute unlimited surplus into your fixed rate loan and be able to withdraw when it is fixed, Heritage will do it.

Back to broker school please

 

[Watson1]

St George have a 70% offset for fixed and Bankwest have a 40% offset for fixed.

Variable/Fixed split loan is the way to go as others have already mentioned.

In regards to redraw v offset Im convinced most bank staff think its the same thing!

I wasn't aware that STG offered such a thing. Is it only available on their 1 yr fixed?

 

[Colin Rice]

I wasn't aware that STG offered such a thing. Is it only available on their 1 yr fixed?

No, all terms as far as Im aware.

 

[Colin Rice]

Back to broker school please

You are already at broker school just need to read posts for a few months before opening the trap door