ANZ One is a transaction account with an optional cheque book which can be linked to most ANZ Home Loans and Residential Investment Loans, allowing the balance to be offset daily against your loan balance.
ANZ One combines two special features to give you one unique banking solution.
Firstly, it can help you make the most of your income and other available funds to reduce interest payable on your ANZ Loan and reduce your loan term. Secondly, it gives you a complete everyday transaction account with access to your available funds whenever you need them.
For example, if you have an ANZ Residential Investment Loan with $200,000 owing and an ANZ One account with a credit balance of $20,000, in effect, you will only pay interest on your home loan on a notional balance of $180,000.
Calculate how much you can save with our 100% Mortgage Offset Calculator.
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