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** This is how much people saved on average when they had money in their offset account between July 2018 and June 2019. By way of example, you would need to have $30,000 in an offset account with a home loan interest rate of 4% p.a. for the full year to save $1,200 interest on your home loan.
The target market for this product will be found within the product’s Target Market Determination, available here.
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As this advice has been prepared without considering your objectives, financial situation or needs, you should before acting on this advice, consider its appropriateness to your circumstances. Please view our Financial Services Guide (PDF). Full terms and conditions for transaction and savings accounts (PDF) mentioned are available here or from any branch of the Commonwealth Bank. If you have a complaint in respect of this product, the Commonwealth Bank’s dispute resolution service can be accessed on 13 2221.