Classic CBA Banking spin

[Belbo]

I was talking about the centrally bank issued debt currency monetary system as a whole, but I've argued that on this forum before and don't want to have a heart attack

Really? I would have thought some form of a cerebral haemorrhage was the greater danger in this instance.

 

[The Sniffer]

Is it just me or are you all going bonkers?

This is a line of credit -not an investment account. It is like saying "if I repay my loan in full and then keep paying more can I get a term deposit or investment account rate?"

If you look at nab, cba, westpac, bankwest our any lender - their loans and debt based products have never been used for holding surplus cash after the loan's paid out

If you have other debt - offset your cash against that. If you have no other debt and are holding cash you need to put it in an investment account -not a line of credit.

Or you can argue that if you pay off your 5k credit card then put an extra 50k in, the return is crap compared to a ubank saver... Go figure.....

 

[Spectre]

Sniffer I was thinking the same.

Most loc's I see are rarely in credit so good on those for having the ability to do it.