BPAY and Your Home Loan
For many Australians, the most convenient way to pay rent, bills and even car registration fees is online. There’s no need to fill in any paperwork or leave the house – you simply plug in some details on your phone or computer and the bill is paid.
In Australia, the most commonly used system for paying bills online is BPAY. BPAY partners with several Australian financial institutions to bring the convenience of online to everyday consumers, giving people the means to pay their bills easily and on their own time.
But the ease of payment isn’t the only reason BPAY is a great system for so many Australians. In addition to making payments quick and easy, BPAY allows for automation, pay scheduling and more.
So instead of having to worry about whether or not you’ve already paid a bill (or whether you have a payment coming up), automatic payments set up with BPAY mean that your payments are being taken care of automatically. You never have to even think about it – unless of course, you’re changing something.
How to pay with BPAY
When you receive a bill in the mail or online, it will typically come with a BPAY number. You’ll find a BPAY logo with a “Biller Code” and “Ref” section somewhere on the bill. Using these numbers, you can make your payment with just about any online banking app or on any online banking website.
If you’ve never used BPAY before and you’re unsure, you can call us about using BPAY to pay your home loans. BPAY is secure, fast, easy and loaded with features. All of our home loans at Mortgage House are BPAY-compatible, meaning that your home loan payments will always be easy to make.
You can make and receive payments, to and from your offset account, pay bills, make car loan repayments and even receive payments from other people, all using BPAY.
At Mortgage House, we’re no strangers to the homeowner’s journey. It’s a long (but rewarding) one.
But don’t worry, we can help with that. All of our home loans and offset offerings are fully integrated with BPAY, helping you to pay off your home loan easily and conveniently without even having to think about it.
If you’re thinking of buying a home, you can contact us for advice about the best options for you when it comes to your mortgage. The cost of your mortgage can drastically affect your financial planning, so it pays to speak to the experts about it.