For most people with a mortgage and offset account, the goal is to maximise cash in the offset in order to reduce the ...

But what is an offset account and how does it help people paying off their home loan? Finance expert Bishwas Bhattarai had this to say. Australian banks and financial institutions can offer an ...

An offset mortgage is where you have savings and a mortgage with the same lender and your cash savings are used to reduce - or 'offset' - the amount of mortgage interest you're charged. Instead of a ...