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it is impossible that the bank give u cash back 0.5% of the whole mortgage. For example, if I have 300000 mortgage, as u said, i will get 1500CAD cash each year,no. I can just get around 500CAD. I still have the paper the banker gave me.
However, i doubt if they can be sure of giving back certain amount of cash every year. if u have confidence about that, Desjardin is not a bad choice at all, i think.
Post by villo
Firekity, when I talked about CASH BACK with Desjardin, they said it's 0.5% of whole amount mortgage, so when he tell me the rate is 5.6%-0.5%=5.1% |
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