Key features
Interest reduction
When you make additional payments, the offset sub-account helps reduce the amount of interest payable on the linked loan account.
Multiple offset sub-accounts
Choose to have an offset sub-account for each individual loan or loan split.
Flexible payment transfers
Seamlessly transfer payments to and from your individual loan or loan split and the linked offset sub-account.
Easy account management
View your offset sub-account and loan account activity online or via the RedZed Connect mobile app.
Convenient payment options
Make outbound payments via BPAY® or use the “Pay Anyone” feature to transfer funds from your offset sub-account to transaction accounts held with Australian Banks.
No additional RedZed fees
Enjoy the benefits of an offset sub-account without any additional RedZed set-up or ongoing service fees.
The offset sub-account can be accessed via RedZed Connect either through the website or mobile app.
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