> I have a handful of 0% credit lines in use at the moment for just this reason Would love to connect with you as now I'm outright jealous! The best offer I h

> I have a handful of 0% credit lines in use at the moment for just this reason Would love to connect with you as now I'm outright jealous! The best offer I have had Q1 2020 is 21 months 0% BT with 3% BT fee but only if I suffer a hard inquiry. OTHERWISE it's 12 mo, 5% BT fee. This is essentially a 22 (21 + 1) months 0% loan with an effective 7% processing fee (I have to pay ~3% to create the credit card charge on my 2% cash back card, pay 3% to the processor for their troubles and another 3% BT fee) > That's not so much bragging--I'll never achieve a six-figure CL with any of them--as it is a data point I did want to clarify that I stated I have an aggregate mid six figure credit line excluding mortgages. I do not have a six-figure CL with any one of them, not even near. I also don't wish to have one because it would likely be rated as a charge card instead of a revolving line which would negatively affect my scores. > Also, for what it's worth, moving money electronically in the States has gotten easier Not if the objective is to gain access to hard cash. Even with my relationship with the institutions, the most I can withdraw in cash is $1500/day. During economic downturns, the ATMs run dry - you know this. ... and any place that allows me to use a debit/ATM card accepts a credit card as well! Let those sweet credit card rewards pour in. > but it's not a good tool in an economic downturn because that's when it will break the fastest My objection is your use of "not a good tool in an economic downturn". Here's my point: During economic downturns, relief is provided. Saw it in 2008, 2010, 2018, 2020. I have recieved notifications from two of my credit card issuers that they are willing to offer me 0% payment plans - and all I have to do is press a button agree to pay a fixed, principal only monthly payment. Who would offer such a fantastic deal outside an economic downturn? THERE'S absolutely 0 reason for me to tap into the 1.75% CD I have at Ally. I was lucky to get that on the very Friday, the day after which the Fed published their effectively 0% policy. I go on with my life taking advantage of 0% payment plans while my "emergency cash" makes me money (although at a terrible 1.75%, which after effort and inflation is NET NEGATIVE! I hate cash with a vengance!) I hate cash. It's a liability, a headache. What I really love is positive cashflow. Now that really gets me perky Let's connect and happy weekend!