The Finance Algorithm
Broken Hill Bank

Choice Offset Savings Account

The Choice Mortgage Offset Facility Allows You To Accumulate Savings In A Specific Savings Account And Use That Account Balance To Reduce Interest On Your Home Loan.

Savings & transaction accountsBank updated 23 Sept 2026
At a glance
Pricing
Rates on application
Monthly fee
$5
§ 02 — Fees · 58
FeeTypeAmountWhenNotes
Account Combination FeeEvent$15
Audit Certificate FeeEvent$50
BPAY CorrectionsEvent$30
Business Non CU POS Tran FeeEvent$1.75
Cash Order > $10,000Event$25
Coin Handling FeeEvent$10
Dishonour Direct Debit FeeEvent$45
Dishonour FeeEventNo fee
Dormant Membership Admin FeeEvent$10
Emergency VISA Fee'sEvent$50
Faxed Statement/Transfer FeesEvent$10
FTD Administration FeeEvent$35
Garnishee OrderEvent$25
IPEX / SWIFT Payment FeeEvent$35
Loan Estab Fee (Addnl Broker)Event$75
Loan Establishment FeeEvent$75
Miscellaneous Service FeeEvent$35
Night Safe Wallet RentalEvent$50
OTC External Transfer FeeEvent$9
Paper Statement FeeEvent$2
Periodical Payment AlterationEvent$5
Periodical Payment RejectionEvent$15
Replacement of Redicard FeeEvent$15
Replacement VISA Card FeeEvent$25
Returned Mail Admin FeeEvent$5
Safe Custody Fee - Locked BoxEvent$95
Safe Custody FeeEvent$40
SMS FeeEvent$0.35
Staff Assisted IB TransactionEvent$5
Statement Copy Fee (> 12 mths)Event$5
Swift Payment DepositEvent$35
Visa Chargeback / Voucher FeeEvent$35
Visa Manual Processing FeeEvent$20
VISA Overseas Transactions FeeEvent$5
Dormant Account Admin FeePeriodic$5Every 1 mo
ATM/POS WithdrawalTransactionNo feeOnly customers older than a minimum age receive the discount
ATM/POS WithdrawalTransaction$1.75Only customers older than a minimum age receive the discount
BPay Transaction FeeTransactionNo feeOnly customers older than a minimum age receive the discount
BPay Transaction FeeTransaction$1.75Only customers older than a minimum age receive the discount
Business ATM/POS WithdrawalTransaction$1.75
Business BPay Transaction FeTransaction$1.75
Business Cash WithdrawalTransaction$1.75
Business Direct DebitTransaction$1.75
Cash WithdrawalTransactionNo feeOnly customers older than a minimum age receive the discount
Cash WithdrawalTransaction$1.75Only customers older than a minimum age receive the discount
Declined Card Transaction FeeTransactionNo feeOnly customers younger than a maximum age receive the discount Only customers older than a minimum age receive the discount
Declined Card Transaction FeeTransaction$0.50Only customers younger than a maximum age receive the discount Only customers older than a minimum age receive the discount
Direct DebitTransactionNo feeOnly customers older than a minimum age receive the discount
Direct DebitTransaction$1.75Only customers older than a minimum age receive the discount
Electronic Funds Transfer FeeTransaction$3
IHB Bill Payment FeeTransaction$2
International Transfer FeeTransaction$15
Non CU POS Tran FeeTransactionNo feeOnly customers older than a minimum age receive the discount
Non CU POS Tran FeeTransaction$1.75Only customers older than a minimum age receive the discount
Non Redi-ATM Excess ChargeTransactionNo feeOnly customers older than a minimum age receive the discount
Non Redi-ATM Excess ChargeTransaction$1.75Only customers older than a minimum age receive the discount
Periodical Payment FeeTransaction$3
Periodical Payment FeeTransaction$10
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactionsApplePay, GooglePay And SamsungPay"Relationship Rewards"
  • · Reduce The Interest On Your Home Loan
  • · No Monthly Account Keeping Fees
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Australian Citizens Or Permanent Residents
  • · Subject To Eligibility For Credit Via Loan Application Assessment

Published by Broken Hill Bank under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.