August 2026
How can I compare home loans with an offset account?
An offset account can reduce the balance used to calculate interest, but eligibility, account coverage and fees vary by product. Use the current table to inspect listed options and verify the offset terms before relying on a feature claim.
There is no single verified rate we can label the lowest for this feature from the dated snapshot. Feature availability and conditions sit outside its rate fields, so the answer stays non-numerical. Use the comparison table as a starting point and confirm the feature, limits and fees before relying on it.
Reviewed by the Ratesniffers Editorial Team. No unsupported scenario-specific rate is promoted in this answer.
Offset rates, ranked by comparison rate
| Lender | Type | Rate p.a. | Comparison | Max LVR | Rate date |
|---|---|---|---|---|---|
| Bank of China | Variable | 5.93% | 5.97% | — | 10 Aug 2026 |
| HSBC | Variable | 5.94% | 5.98% | 80% | 10 Aug 2026 |
| Newcastle Permanent Building Society | Variable | 5.94% | 5.98% | 80% | 10 Aug 2026 |
| Bank Australia | Variable | 5.95% | 5.99% | 80% | 10 Aug 2026 |
| BCU Bank | Variable | 5.99% | 6.03% | — | 10 Aug 2026 |
| Hume Bank | Variable | 5.99% | 6.03% | — | 10 Aug 2026 |
| ING Bank (Australia) Ltd | Variable | 5.99% | 6.03% | — | 10 Aug 2026 |
| ME Bank - ME Go | Variable | 5.99% | 6.03% | 80% | 10 Aug 2026 |
| Queensland Country Bank | Variable | 5.99% | 6.03% | — | 10 Aug 2026 |
| ANZ | Variable | 6.01% | 6.05% | 80% | 10 Aug 2026 |
Sorted by comparison rate. Each broad comparison row shows its own effective date; these rows do not drive the promoted answer or metadata.
This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
Frequently asked questions
- How can I compare home loans with an offset account?
- There is no single verified rate we can label the lowest for this feature from the dated snapshot. Feature availability and conditions sit outside its rate fields, so the answer stays non-numerical. Use the comparison table as a starting point and confirm the feature, limits and fees before relying on it.
- How often are these rates updated?
- Promoted rate claims use the verified 80% LVR snapshot dated 31 July 2026. Broader comparison-table rows may refresh more frequently, but they do not drive the answer capsule, metadata or sticky rate.
- Is the lowest rate always the best loan for me?
- Not always. The cheapest headline rate can come without features like an offset account, and your deposit size, income type and goals all change which loan suits you. Use the rate as a starting point, then weigh the features that matter to your situation.
- What is a comparison rate?
- A comparison rate folds most ongoing fees into a single percentage so you can weigh loans on their true cost rather than the advertised headline rate alone. It is the metric these rankings sort on.