<p>Offset accounts differ from redraw facilities in a number of important ways. While they are similar in function – both are a means to store funds and reduce the amount of interest you pay – they have nuances of their own, too.</p>

<h2>Find out more</h2><ul><li><a href="/home-loan-guide/offset-accounts-and-the-financial-claims-scheme">Offset accounts and the FCS</a></li><li><a href="/home-loan-guide/whats-an-offset-account-1">What's an offset account?</a></li><li><a href="/faqs/category/types-of-home-loans-features/do-you-have-an-offset-account-and-how-does-it-work">Offset accounts and Tic:Toc</a></li></ul>

Offset vs. redraw

<p>It’s a public holiday in ACT, NSW, SA, QLD and TAS on Monday, Oct 2. Our Customer Support Team will be available between 9am and 5pm (Sydney / Melbourne time) and back to regular hours from Tuesday.<br /></p>

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Jacinta Nicole

I have had a good experience so far.  I am waiting for settlement in October but the application and loan process have been a breeze.  Tic:Toc staff have been very helpful answering questions too.  

I must say I am a little bit nervous about the interest rate increases based on review I have read here though..

Great experience so far

I have refinanced a number of loans over the years and Tic:Toc was BY FAR the easiest.  Their systems are far superior to other banks, with pretty much everything is to be loaded online.

Easiest Process by Far for Refinancing

Shraddha Patel

Vikram was very helpful, patient with all our queries and overall, the process was quite simple.

Loan was quick and easy

Steve Russell

Great service

Jacqueline Drapper

After asking CBA if there was anything better they could do for me as an exisiting mortgage holder and getting doughnuts, I decided to refinance. I put it off for quite some time, thinking it would be an incredibly painful experience, but I wish I’d made the move earlier. Blake made the whole process as painless as possible. I couldn’t recommend him - and the Tic:Toc refinancing process - highly enough.

Easy, helpful, pain-free

Nirav Joshi

Very Easy Process, Great People with great customer Service

Very Easy Process

Kristian Baracz

I recently had a great experience with TicToc & Trix.  Entire process was smooth, seamless and quick.  I was kept updated throughout the process and the entire team was friendly and helpful.

Great Experience all round..

Aaron Airey

Trix was superb to deal with at TicToc. We applied with TicToc due to their great interest rates, as great as they can be in this current market, and remarkable reviews. Our specialist, Trix, made it exceptionally easy to proceed and process our necessary documents and it was smooth sailing from there.

Trix @ TicToc 👏👏👏

Consumer

They made the loan process easy for me. Everyone I talked to online was patient , helpful and understanding when I had to amend my application. The best!

They made the loan process easy for me

Nicolas Tobon

I had a great experience with tictoc. They were very responsive to my questions, even though I had a lot of them and I the information I initially provided was incomplete. The credit loan assessor made it really easy for me to understand what was required to complete my application. I would definitely recommend them to anyone looking for a home loa

Offset vs. redraw

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