What is an offset account? | Canstar
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Offset accounts explained: Are you using yours the right way?
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Offset Accounts Explained - Are They Worth It? 🏦💡 An offset account can save serious interest - if you use it properly. 💰 Example: $500k loan with $100k in offset = interest only on $400k. 🏠 That can save tens of thousands over the loan term. But if you rarely keep savings, or already have an offset on another loan, it might not be worth the extra cost. 👉 Want help deciding if it’s right for you? Book a free 15-minute discovery call using the link in our bio. 👉 Remember, building a life ch
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