Available on Residential and Commercial products (excluding SMSF and RedZed Solutions)
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.
