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Mortgage Offset Account

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Our Mortgage Offset Account may be the perfect accompaniment to your home or investment loan.

The credit balance of your transaction account is offset daily against your outstanding loan balance, reducing the interest payable on that loan. This enables you to make the most of your income (and other funds) to reduce the interest payable on your home loan, potentially reducing your loan term and saving you thousands in interest over the life of your home loan.

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For example:

Savings Balance Daily Loan Balance Remaining Balance Reduced Balance
$10,000 $100,000 $90,000 $10,000


  • 100% offset against your eligible South West Credit loan balance
  • Access to your offset funds 24/7
  • No minimum balance for the offset benefit to apply

Special Account Requirements:

The Mortgage Offset Account is available only on our Premium Home Loan & Premier Plus Home Loan packages.

  Additional Information: