If you want to have maximum access to funds you may also
choose the interest only option. With the interest only
option you may make principal repayments at any time.
During the interest only period principal repayments are
available for redraw.
If you intend to have a large number of transactions going
through your account the line of credit option is ideal
as it has with unlimited free transactions. This is an
excellent facility for people planning to use mortgage
minimisation, for investors, or for business people looking
for a low cost alternative to an overdraft.
