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It's awesome that you've cleared your non deductible debt. You've now got several choices for the surplus cash flow as I see it. 1. Start reducing deductible debt 2. Direct it to accumulating more investments. 3. Spend it on lifestyle. Personally I'd try find a balance of all 3, but...

Not much benefit in doing this that I can obviously see. What you're describing tends to work better when the offset account is secured against non-deductible debt, such as the mortgage on your own home. In this case, you'd pay down some non-deductible debt using your offset account and...