Originally Posted by
roki
To me, no credit card bonus is going to be worth ANY interest rate hit on a 15-30 year loan. You'll pay many times over whatever bonus you are getting if the bank penalizes you even a quarter %.
Not sure about the OP, but I have a $100,000 loan. 1% annual would be $500 per six months.
In the last six months:
Chase Ink Business: $600
Southwest Business: 50,000 pts. X 2 for companion pass = $1,000
Southwest Personal: 50,000 pts. X 2 for companion pass = $1,000
Barclay Arrival: 44,000 pts = $440
Capital One Venture: 50,000 pts = $500.00
Amex Blue Cash Preferred: $200
That is over $3,700 worth of cash and travel bonuses in just the last six months.