Offset accounts and redraw facilities are both common home loan features, but how do they work and what is the difference between them?
Tom Letts
As a Sub Editor at Canstar, Tom strives to help the team communicate its wealth of finance knowledge to the world in a way that is engaging, informative and accurate. Tom seeks to make sure consumers get the full picture on a range of money matters. Tom holds a Bachelor of Arts (French and International Relations) and a Bachelor of Laws (Honours) from The University of Queensland, and previously spent around six years working as a quality assurance manager at Pacific Transcription, a global transcription company based in Brisbane. In his downtime, Tom enjoys learning languages, planning holidays and following election coverage. Follow Tom on LinkedIn and Canstar on Facebook. Meet the Canstar Editorial Team.
