ST Alpha - "Follow up from yesterday, we were able to put up to $10K on credit cards for a down payment, but it was a max of $5K per card -- nm" (Reading a Post)

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Follow up from yesterday, we were able to put up to $10K on credit cards for a down payment, but it was a max of $5K per card -- nm

Posted by prayformojo (aka mayhem) Feb 21 '14, 09:02

(No message)

Responses:

are you getting a better rate on your cards than in a car loan? -- nm - decline Feb 21, 09:05 12
- We have the cash to pay off the cards - prayformojo Feb 21, 09:12 11
  - nice -- nm - decline Feb 21, 09:19
  - Jeebus, that could be as much as $300 in cash back. Very clever. -- nm - David Feb 21, 09:14 7
    - Way more if he planned ahead and used new cards that had spending bonuses. -- nm - spamlet Feb 21, 09:16 6
      - Hey, I'm good for one good idea roughly 8-9 months, so...... -- nm - prayformojo Feb 21, 09:28 2
        
        So, how much bonus will it end up being? -- nm - Spawn Lord Feb 21, 09:32
        
        Great job getting it out of the way early this year....2014 is shaping up to be a banner year for you! -- nm - Will Hunting Feb 21, 09:30
      - I hadn't even thought about that. -- nm - David Feb 21, 09:16 2
        
        I'm totally doing this when we need a new car. -- nm - spamlet Feb 21, 09:21
        
        Yeah, that kicks it up a notch. I do love when a rental unit needs new appliances., but can not plan ahead for that -- nm - Spawn Lord Feb 21, 09:18
  - It is a points pyramid scheme! -- nm - Spawn Lord Feb 21, 09:12 1
    - The best kind. It's why I book my cruises through Am.Airlines. Get miles for the cruise itself (double in this case) plus miles for the credit card. -- nm - Meg Feb 21, 09:29

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