How you could save with an offset mortgage

• Have excess funds left in your current account to put in your savings
• Already have savings – as you can have these working for you at the full mortgage rate by offsetting them
• Are looking to reduce your mortgage – you can do this by either regularly saving and offsetting or making as many capital overpayments as you like
• Require flexibility to access your Barclays savings and current accounts whenever you want – you can dip in and out as you need and even transfer money online between accounts
• Have unpredictable cash flow – if you are self-employed, receive occasional large bonuses or commission, or work on highly-paid short-term contracts, any large sums you receive will start working hard for you immediately as your interest is calculated daily. This could also be the case with other sources of income such as rent
• Are a higher rate tax payer – you will not pay any tax on interest you would have earned on your savings or current accounts
• Save regularly towards your annual tax bill – as you can have this money working efficiently all year to reduce your mortgage payments.
• If I have chosen to reduce my monthly payments, how will I know what I'm paying each month? Find out more

Download a copy of our Offset Brochure 1.15 MB for more information on Offset mortgages.

To help bring to life the benefit of Offset, read our Offset example illustrations - see if you recognise yourself in them.