Rocket Repay Home Loan

Hi

I have a rocket repay home loan with westpac, however i am not using it effectively at all.
I was wondering if you give me an insight into how it can be better worked or how can i use it more effectively.
thanks
s.a

Comments

  • what do you mean that you dont use it effectively?

    as far as i know, you pay for the premier advantage package yearly and got these
    -interest rate cut, an offset account and a credit card.

    so, given these 2 accounts. its really simple, put all your savings to your offset account, do all your spendings on the credit card and pay on the due date. that should be it.

    • Or better still, have your pay go directly to that account.

  • That's a straight answer , thank you.
    Anything else would you have done apart from what you mentioned ?

      • take 0% balance transfer offer from other credit card institution(s) and place the money on your offset account.
      • convert your altitude/earth points for the package rebate, instead of redeeming gifts.
      • sorry can you elaborate little more if thats ok?
        thanks

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