The Offset Tracker – Our Brand New Insight!

“Rather than my bank sending me boring bank statements full of transactional data – all I really want is to track in my Mortgage Balance against my Offset Balance. I wish they could show me that and the progress I’m making!”

Your bank won’t or can’t do it, but Moorr can!

Introducing Mortgage Offset Balance Tracker. It’s one of our latest insight tools we added to Moorr’s webapp. And what does it do? It shows your Mortgage Offset Balance overlayed and being tracked against your Mortgage.

Now, every time you update your mortgage and offset balances – the data calculation magic happens, allowing you to track these changes over time.

Meaning you will immediately see the benefit of:

  1. Tracking your Offset Balance against your Mortgage
  2. Hopefully seeing your offset balance increase over time
  3. The impact the interest you are saving in your falling mortgage balance
  4. Ultimately paying off your mortgage sooner!!

Friendly Tip: Remember with our historical tracking feature built into Moorr, you will now also be able to input any back dated data that you want to add to further illustrate the progress you are making in getting on top of your mortgage debts.

If you haven’t already discovered the Moorr platform and it’s suite of awesome tools and features, the sign up for free today.

If you are already a fan and using Moorr to help you manage your money and your property, then it’s time to check out this new insight.

Achieve more, with Moorr



Now, did you know the offset account is an Australian banking invention?

Yes, it was created here! And the idea behind it is it allows to have a separate bank account, like a transactional bank account linking to a mortgage account.

So rather than having money going into the mortgage or doing a redraw, you can actually have a separate bank account and the interest is still being saved on a nightly basis based on the balance that you have in the offset against your mortgage.

So of course, wouldn’t it be great if inside the Moorr platform you’re able to actually track not only the loan balance, but also the offset balance on the same chart?

Well, I’m thrilled to introduce to you that’s exactly what you can do! So you are now going to be able to inside Moorr when you connect an offset account card and you link that to the correct mortgage card, the magic happens behind the scenes. And you go into the borrowing card and you’ll see the insight. So that mortgage loan, you’ll basically start to see historical tracking where we’re tracking the offset account against the mortgage balance.

Hopefully over time, as you’re seeing on the chart right now, that your mortgage is coming down and that offset account is going up, which means that you’re ultimately saving a lot more interest. And that’s exactly what we want. 


Why are we introducing this new insight?

Because we do know through behavioral science that if you can record and track, it greatly increases your chance of achieving successful outcomes. And that’s what we’re about here at Moorr. We’re about achieving more with Moorr and making sure you hit those goals and live your lifestyle by design. So why not watch this tutorial video prepared by Jade, who’s one of our great product managers here, and you can check it out for yourself and you can learn more about how to set that up.

But wait.. there’s more!

And a little last minute tip from me. Always remember the “As at dates” feature, which allows you to go back in history where you can record all that legacy data. That is also the power that I’m talking about here. So don’t just put the current balance in. If you’ve got all bank statements and all the bank records, you can go enter it in over time and you can see the progress that you’ve been making on that offset account against your mortgage, that’s the encouragement bit.


That’s the behavioral stuff to show that you’re actually making progress and that will help you achieve more goals. So why not check out this brand new tool, which I’m calling effectively the Offset Tracker!

It will allow you to be able to track that information over time. And always remember Moorr is here to help you achieve more.


👉 Download our app on Apple Store  or  Google Play Store



You might also be interested in

Try Moorr For Free Today

Spend money on the things you want without guilt and save for the future with confidence. You can have the best of both worlds. Achieve more, with Moorr

Privacy Policy

This following document sets forth the Privacy Policy for this website. We are bound by the Privacy Act 1988 (Crh), which sets out a number of principles concerning the privacy of individuals using this website.

Collection of your personal information

We collect Non-Personally Identifiable Information from visitors to this Website. Non-Personally Identifiable Information is information that cannot by itself be used to identify a particular person or entity, and may include your IP host address, pages viewed, browser type, Internet browsing and usage habits, advertisements that you click on, Internet Service Provider, domain name, the time/date of your visit to this Website, the referring URL and your computer’s operating system.

Free offers & opt-ins

Participation in providing your email address in return for an offer from this site is completely voluntary and the user therefore has a choice whether or not to disclose your information. You may unsubscribe at any time so that you will not receive future emails.

Sharing of your personal information

Your personal information that we collect as a result of you purchasing our products & services, will NOT be shared with any third party, nor will it be used for unsolicited email marketing or spam. We may send you occasional marketing material in relation to our design services.

What Information Do We Collect?

If you choose to correspond with us through email, we may retain the content of your email messages together with your email address and our responses.

Cookie Based Marketing

Some of our advertising campaigns may track users across different websites for the purpose of displaying advertising. We do not know which specific website are used in these campaigns, but you should assume tracking occurs, and if this is an issue you should turn-off third party cookies in your web browser.

How Do We Use Information We Collect from Cookies?

As you visit and browse Our Website, the Our Website uses cookies to differentiate you from other users. In some cases, we also use cookies to prevent you from having to log in more than is necessary for security. Cookies, in conjunction with our web server log files or pixels, allow us to calculate the aggregate number of people visiting Our Website and which parts of the site are most popular. This helps us gather feedback to constantly improve Our Website and better serve our clients. Cookies and pixels do not allow us to gather any personal information about you and we do not intentionally store any personal information that your browser provided to us in your cookies.

IP Addresses

P addresses are used by your computer every time you are connected to the Internet. Your IP address is a number that is used by computers on the network to identify your computer. IP addresses are automatically collected by our web server as part of demographic and profile data known as traffic data so that data (such as the Web pages you request) can be sent to you.

Sharing and Selling Information

We do not share, sell, lend or lease any of the information that uniquely identify a subscriber (such as email addresses or personal details) with anyone except to the extent it is necessary to process transactions or provide Services that you have requested.

How Can You Access and Correct Your Information?

You may request access to all your personally identifiable information that we collect online and maintain in our database by using our contact page form.

Changes to this Privacy Policy

We reserve the right to make amendments to this Privacy Policy at any time. If you have objections to the Privacy Policy, you should not access or use this website. You may contact us at any time with regards to this privacy policy.