Mortgage Interest Saver Account

Commonwealth Bank Mortgage Interest Saver Account (MISA) is linked to your home loan. It could end up saving you thousands of dollars in interest and cut years from the term of your home loan.

• The balance of your MISA is set-off against the balance of your home loan. This reduces the interest you pay on your loan helping you pay it off sooner
• Because your MISA is set-off against your home loan, no interest is 'earned' on MISA and no income tax is payable
• No bank transaction fees on deposits or withdrawals
• Full (100%) set-off is available on our 1 Year Guaranteed Rate, 12 Month Discounted Variable Rate and Standard Variable Rate home and investment home loans
• Partial set-off is available on fixed rate home and investment home loans
• MISA is not available on Economiser (including 3 year Special Economiser) home and investment home loans or Viridian Line of Credit

 

To open a MISA, or for more information, simply call 13 2224 between 8am and 10pm, 7 days a week, or call into any Commonwealth Bank branch.

Important information

• The advice on this website has been prepared without considering your objectives, financial situation or needs, Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances. Please view our Financial Services Guide. Full terms and conditions for the transaction and savings accounts mentioned are available here or from any branch of the Commonwealth Bank. Bank fees and government charges apply.