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re: What are the benefits of 0% APR?

Posted on 1/19/13 at 10:52 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 1/19/13 at 10:52 pm to
FWIW I got an 18 month 0% APR offer and used it to pay for my bathroom renovation. It's now 20 months later and I paid it off on time, but didn't pay a cent of interest so it saved me a fair amount. Not only that but (believe it or not) the card gave me 5% cash back on purchases from home improvement stores. That plus the no interest saved me about $2000 on the project.

So yes, this can work out nicely.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 1/20/13 at 8:04 am to
Does that card have a limit? If we get the house I want, I'd love to get a card like this, but don't want to buy the stuff monthly. To totally update the kitchen it would be about 10k.

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