CBA - MISA Account Offset of Fixed Rates

[Archer]

The blurb on the CBA website states that the MISA (Mortgage Interest Offset Account) applies to fixed rates of greater than 1 year but at a lower amount than the full offset. My question is what is the lower amount ? It doesn't appear to be mentioned anywhere on the website.

Anyone know ?

 

[Rolf Latham]

Hiya

40 % I recall

so if you have 100 k in the account and 100 k on the loan, interest will be calced on 60 k

Better solns could be ABL, CUA and a smattering of other minors

ta
rolf