02/06/2026
Why your savings account might be costing you money.
Most people think a 4–4.5% interest rate on savings is a win, but don’t forget: that interest is taxable. 📉
By moving those funds into an offset account, you could be saving 5.5–6.5% on your mortgage interest instead—and those savings are tax-free.
Your money stays fully accessible, but while it sits there, it’s working harder to pay off your loan faster. 🏠💨
Small shifts, big results. Let’s chat for 15 minutes to see how much you could save!