The Finance Algorithm
CENTRAL WEST CREDIT UNION LTD

S11 Mortgage Offset Account

An Offset home loan allows you to pay off your loan faster by using your savings to reduce the amount of interest you pay.

Savings & transaction accountsRates on applicationBank updated 9 June 2026
At a glance
Pricing
Rates on application
Base rate
0.00%
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
Variable100% offset, this account can only be offset against a Mortgage Smart Variable Rate Home Loan0.00%paid every 1 mo
§ 02 — Fees · 10
FeeTypeAmountWhenNotes
DORMANT_ACCOUNT_FEEEvent$10Charged after 2 years of inactivity
MONTHLY_VISA_CARD_FEEPeriodic$2Fee is applicable to active cards only Relationship Balance Under 16 years of age
PAPER_STATEMENT_FEEPeriodic$2.50Under 16 years of age
DECLINED_ATM/EFT_FEETransaction$0.50Under 18 years of age
DIRECT_DEBIT_REJECTION_FEETransaction$10
EFTPOSTransaction$0.50Discounts apply Relationship Balance Under 21 years of age
STAFF_ASSISTED_BPAY_TRANSACTION_FEETransaction$1
STAFF_ASSISTED_DIRECT_TRANSFER_FEETransaction$5$10 for immediate transfer
OVER_THE_COUNTER_CASH_WITHDRAWALSWithdrawal$1.50Discounts apply Under 18 years of age Relationship Balance
OVERDRAWN_ACCOUNT_FEEWithdrawal$10
§ 03 — Features
Offset accountDigital bankingUnlimited transactionsApple, Samsung & Google pay
  • · Funds at Call
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Australian Residents only

Published by Central West CUL under the Consumer Data Right, last changed by them on 9 June 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.