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re: What are the benefits of 0% APR?

Posted on 1/19/13 at 8:56 pm to
Posted by I Love Bama
Alabama
Member since Nov 2007
37739 posts
Posted on 1/19/13 at 8:56 pm to
Yes and No. You are (usually) going to have to pay a fee to transfer the money to that card. The interest free benefits are usually for only 6-12 months. It might be beneficial in your situation.
Posted by rpg37
Ocean Springs, MS
Member since Sep 2008
48211 posts
Posted on 1/19/13 at 9:03 pm to
quote:

The interest free benefits are usually for only 6-12 months.


It is 0% APR for 12 months. In that time, I can easily pay off the loans as I charge $500/month to my account on them. That's not the issue. I am just seeing if this is possible without something bad happening.

0% APR for Purchases for 12 months.
14.24% on Balance Transfers

What would this be catagorized as?
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