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Offset
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lendi.com.au
Offset vs redraw: what's the difference and which is better?
If you have made extra repayments on your home loan or have spare savings, you could be saving on interest with an offset account or redraw facility.
May 26, 2021
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investopedia.com
4 weeks ago
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Sep 17, 2021
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4.9K views · 34 reactions | Want your holiday fund to help you pay less on your home loan? With an offset account, any money you have in savings, for holidays, school fees, or a rainy day, can reduce the interest you pay on your mortgage. Bendigo Bank team member, Sierra, explains how you can make your money work harder for you. Learn more on our Bendigo Bank blog: https://www.bendigobank.com.au/blog/home/3-benefits-of-an-offset-account/ | Bendigo Bank | Facebook
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