Can any one tell me if this is possible (i doubt it).
If i have 2 credit cards put a $20k balnce on one then when the bill comes pay it of with the other (not cash advance) so i don't pay any interest but get the points (not very ethical but just interested if it would work at this stage) the idea would be you do this for a while and mount up the points while keeping the $20k that you spent in an account earning 6%
let me know the problems with scenario
Wes.
If i have 2 credit cards put a $20k balnce on one then when the bill comes pay it of with the other (not cash advance) so i don't pay any interest but get the points (not very ethical but just interested if it would work at this stage) the idea would be you do this for a while and mount up the points while keeping the $20k that you spent in an account earning 6%
let me know the problems with scenario
Wes.