$100 to transfer $5k onto RBC LoC
Did anyone else get this promotion in the mail this week? It says if I fill out their form and mail it in to transfer $5k or more onto my RBC line of credit, then they'll rebate me $100. I read the fine print and it doesn't say there is a minimum amount of time I'm required to maintain the balance. I read the fine print several times but couldn't see any gotchas. Sounded like a relatively easy free $100 to me.
I was thinking to either 1. Keep an eye on when it posts, then pay off the whole thing that day, or 2. Dump $5k into the line, then fill out the form and let it zero out by itself.
I was thinking to either 1. Keep an eye on when it posts, then pay off the whole thing that day, or 2. Dump $5k into the line, then fill out the form and let it zero out by itself.