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Hi PW,

My answer is No.

But I almost did this. For quite sometime when I was snowballing debt instead of paying the CC because there interest rates where at 0% I would pay minimums on all cards and store my CC payments in EMIGrant. I can remember when my account when over 25K I entertaining the thought that maybe I would keep 10K of it as an EFund, Then I ask myself the same question. Would I put 10K on 0% CC for an instant efund. No!

I am sticking with a 1K efund and an empty HELOC while I pay down non-Mortgage debt before going for the fully funded efund.

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