0% Credit Card Offer

[brandon184]

Quote:

Originally Posted by MTATech

offering a 0% cash advance (except for a $65 fee)

[Gomer]

yeah Gomer... way to read

[osprey4]

The savvy borrower.

[surreal]

Quote:

Originally Posted by MTAtech

I can only speculate.

To make this worthwhile, one needs to have a large enough credit line or else the even the $65 transaction fee isn't covered.

One also needs to be organized enough to remember when the promotion expires and payoff by then.

That credit card can't be used for purchases during that period.

ONLY?? That credit card can't be used for purchases during that period
Most miss that sort of thing..
Well it can be used if you don't carry a balance. Use the discover for the house you were going to buy.

[Gomer]

Will carrying that high of a balance on your revolving credit kill your credit score?

[jkrohn]

Yes, a credit limit that high does hurt your overall score. Unless of course you make around $400,000 a year

Jkrohn