Mortgage Breaker is Nurses First offset account facility. You use it just like an everyday transaction account, but it also helps to pay off your home loan faster.
The Mortgage Breaker works by subtracting the daily balance of your account from the daily balance of your home loan before interest is charged each month. This reduces the loan amount that you are charged interest on. It's a simple way to make your money work harder and pay off your loan sooner.
| Features | |
| Interest Rate | View interest rate |
| Monthly account Fee | Enjoy no monthly fee if you maintain a minimum balance of $350 each month |
| Your choice of access card | Nurses First ATM Card |
| Access Options |
Non rediATM Direct Debit and Direct Credit Cash or cheque deposit at a branch |
| Unlimited fee free transactions | Enjoy a range of unlimited fee free transactions. View account fees & charges |
| Other features | Statements issued six monthly or bi monthly if you have a VISA Debit Card |