YⓄ乙 @aussie.zone to AusFinance@aussie.zoneEnglish · 5 months agoIs there any benefit if the bank direclty takes out monthly repayments for my mortgage from my offset account instead of savings account ?message-squaremessage-square8fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1message-squareIs there any benefit if the bank direclty takes out monthly repayments for my mortgage from my offset account instead of savings account ?YⓄ乙 @aussie.zone to AusFinance@aussie.zoneEnglish · 5 months agomessage-square8fedilink
minus-squarehitmyspot@aussie.zonelinkfedilinkarrow-up0·5 months agoYes. Instead of being taxed on interest you earn, youre avoiding interest you would be charged.
Yes. Instead of being taxed on interest you earn, youre avoiding interest you would be charged.