Using your Tic:Toc Visa Debit card
If you’ve chosen to have an offset account, you’ll be sent a Tic:Toc Visa Debit card, so you can use it to spend your savings. Carefully, of course.
A few things to know:
Making repayments is the un-fun part of having a home loan. But at least we can make it uncomplicated.
You can make repayments on the Bendigo Bank loan portal by;
The most painless way to pay off your home loan. It’s simply a direct debit you can set up through your online banking, which allows you to transfer money from one of your accounts to any other account with an Australian BSB and Account Number.
This means you can set up reoccurring payments to your home loan, so you don’t have to think twice about it.
You can use BPAY to schedule your home loan repayments too. Using the online banking portal, we’ve made the management of your BPAY payments easier with the following features:
How do I redraw on my loan?
Redraw means you can access any additional payments you’ve made to your home loan. With Tic:Toc, you can do this whenever you want for free, using online banking.
How? Just select your home loan as the ‘From account’ when performing a funds transfer. You can transfer to another account, like a savings account, and it should be available to withdraw within 2 business days.
If you have an offset account, transfer the cash there, and you can use your Tic:Toc Visa Debit card to immediately withdraw the funds.
Things to know about redraw: