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Whilst this is practical advise from a savings discipline perspective, it tends to ignore the tax and investment planning aspect of the useful elements of both offset accounts and redraw. Simply putting your money into redraw as a savings measure frequently has dire consequences for people who...

Some simple rules that work almost every time. Money borrowed = redraw Money earned = offset (includes income, rent, dividends, etc) If the offset account works properly, it should have the same interest saving effect as redraw.