[quote=HLS] was .375-.50% above market on his last ref and pocket a pile of cash.
The credit is cash and it’s up front. The lender hopes to make it back over time but I guarantee you they didnt. FLU & AN are MUCH further ahead than 99.5% of others who don’t get it and don’t want to take the time to get it.
Your attempt to discredit what FLU did is completely off.
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Totally off topic, and my rambling… But there’s some food for thought. I love 1%CD’s. I don’t have a single one.

You can beat that 1%CD pretty easily by just making some mistakes in life…
For example, my favorite is when you screw up on your taxes and need to file a 1040X 2 years later to get your money back. The IRS sends you a nice refund + interest that beats that 1% CD. Heck, your impound account for a mortgage pays better than that 1%CD in CA, because impound accounts are 2% minimum in CA….Too bad it’s limited. That was why previously I asked “what happens if you over-deposit in an impound account..”

And if I was younger, I would definitely play the “credit card roulette” with the 0% balance transfer offers that one of my colleagues played as a means to pay for his daughter’s college so he could stay invested as long as he could, lol. The guy was a genius.

For me, this is just one big game/joke. Banks/institutions come up with some of the most elaborate schemes to screw the majority of the population, I’d say maybe 99% of the population….. with 1% of the population, they actually lose money off of. I strive to try to be that 1% that corporations, companies, etc lose money off of.

My inadvertent game these days? Buy gold bullion on Ebay and selling them near break even or slightly above, just to rack up frequent flyer miles..