Scale balances a small house model against a green piggy bank with coins on the other side, against an orange backdrop; conveys housing versus savings.

Offset vs Redraw: Which One Actually Saves You More?

If you’ve been comparing home loans lately, you’ve probably come across two features that sound almost identical: offset accounts and redraw facilities. Both promise to reduce your interest and help you pay off your loan faster—but which one actually saves you more? The answer isn’t as straightforward as you might think. First things first: how…