Yes...

Clearly you can only earn 100K max, but what's it matter. This deal is dead. If you try to do this, not only will it appear as a cash advance, subject to the now 4% fee (up from 3% prior to the new credit card laws), but, also there will be a report filed to the department of homeland security, as it is an established fact that only terrorists use credit cards to fund bank accounts.

One of my buddies tried to fund an account recently, and 3 days later, the ATF stormed his house, confiscated his stereo and plasma TV as evidence, and then auctioned off his 2004 Chevy in a police auction in order to pay the prosecutor against him.

Beware, this is not an easy deal.