Did you know your offset account might not actually be reducing your home loan interest?

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ASIC has recently revealed that major banks have compensated customers after finding failures where offset accounts were not correctly linked to home loans. As a result, some borrowers paid more interest than they should have.
In this video, I explain:
✔️ What ASIC found during its review
✔️ Why you should check your offset account is correctly linked to your loan
✔️ Simple steps you can take if you think something isn’t right
If you have an offset account, this is worth checking. A few minutes could potentially save you money.
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