Does anyone have an all in one mortgage with a credit line attached?

[SMBT]

We just transferred our home loan through a different mortgage company, and I want to know if anyone has an offset mortgage account and an all in one credit line which uses a credit card for monthly expenses. I don't think mine is set up properly and I want to know if other people feel it is working for them or not??? I am not working at the moment, so it is only based on DH's wage, and is costing us more than we originally thought it would! ARGH!

[kelbel]

Hi,
We have the same. We thought it would be a good idea to help renovate the house as we saw the need/want. We thought that i was a good idea, but i've noticed that it can all run away on you and if your not watching it closely and trying to save money, then it could be bad.
I have ours set up to view on the internet. We are through ANZ so i visit the website daily.
Goodluck, hope i've helped somehow...
Ciao