$6 interest for the first day - made a payment back of $27k. Will pay off remainder next week. likely total interest charges for 28k points will be sub $30. That is a cost of ~ 0.1 cents per mile. even without LP decent value. I am still curious as the copy definitely changed in the app from bonus miles to miles. wait and see.
Originally Posted by
LovePrunes
when they have a cash advance fee, it's a full year's worth of a fee, so $2,240, not 1/12 of that.
but **if** you somehow have a loan offer from a credit card with no cash advance fee, this might be worrthwhile
not sure why you are mentioning cash advance or where that comes from. this is a personal loan.
Last edited by JY1024; Jul 15, 2023 at 9:03 pm
Reason: Merged consecutive posts - pls use edit or multi quote