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ANZ One offset account

Reduce interest charges and pay your loan off sooner

An ANZ One offset account could help you save on interest. We can help you discover if an offset account is right for you.

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What is an offset accountdisclaimer?

An offset account is a transaction account linked to an eligible home or investment loan. The money you have in this account could offset the amount you owe on that loan, and you'll only be charged the interest on the difference.

Why get an offset account?disclaimer

If you have an eligible loan (such as an ANZ Standard Variable loan or a one year ANZ Fixed loan), you could consider linking an offset account to it. The more money you have in your linked offset account, the less interest you'll need to pay on your home loan.

Use this account to:

Our offset account - ANZ Onedisclaimer

ANZ One could help you make the most of your funds to reduce the interest payable on your ANZ Home Loan. It's a complete transaction account with access to your available funds whenever you need them.

Features and benefits

  • Unlimited ANZ transactions ($10 monthly account fee applies, but this is waived if you're on an ANZ Breakfree package)
  • 100% of the funds in your ANZ One account will offset your loan balance
  • No minimum balance for the offset to apply
  • Tax savings because you're not earning interest on your funds, but reducing loan interest charges instead
  • A complete transaction account that gives you access to your funds anytime with our easy ways to bank

ANZ 100% Mortgage Offset Calculator 

An example of how it works:


Your home loan balance


In your offset account


You'll only have to pay interest on


An illustration of how you can save:

(Based on a 30-year home loan at a constant interest rate of 5% p.a. with a constant daily balance of $25,000 in your offset account throughout.)


Estimate of interest saved


Estimate of years/months saved

3 years and 3 months

FAQs - get your questions answered

   Which loans can be linked to ANZ One?

  • ANZ Standard Variable Rate Home Loan
  • ANZ Standard Variable Rate Residential Investment Loan
  • ANZ Fixed Rate Residential Investment Loan – 1 Year Fixed
  • ANZ Fixed Rate Home Loan – 1 Year Fixed
  • ANZ Standard Variable Rate Residential Investment Land Loan
  • ANZ Standard Variable Rate Residential Land Loan

   How much does ANZ One cost?

ANZ One has a $10 monthly account fee and unlimited ANZ transactions. The account fee is waived if you're on an ANZ Breakfree package.

   Can I have my pay deposited into an ANZ One offset account?

Yes, it is up to you how often and how much you deposit into your account. You can make regular deposits as well as one-off deposits.

   Can I still access my funds in an ANZ One offset account?

Yes, you can still access your funds via ANZ Internet Banking, ANZ App, ANZ Phone Banking, ANZ ATMs, Visa Debit, EFTPOS and in branch at no extra cost.

The information on this page does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the relevant terms and conditionsProduct Disclosure Statement and the ANZ Financial Services Guide (PDF) before acquiring any product. 

Applications for credit subject to approval. Terms and conditions available on application. Fees and charges apply. Australian credit licence number 234527.

The ANZ App is provided by Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Super, Shares and Insurance (if available) are not provided by ANZ but entities which are not banks. ANZ does not guarantee them. This information is general in nature only and does not take into account your personal objectives, financial situation or needs. ANZ recommends that you read the ANZ App Terms and Conditions available here for iOS and here for Android and consider if this service is appropriate to you prior to making a decision to acquire or use the ANZ App.

Terms and Conditions, fees and charges apply. Refer to ANZ Personal Account Fees and Charges booklet (PDF 139kB).

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