I'm usually pretty responsible, always pay for things outright and have never paid a single cent in credit card interest since I always pay off the balance in full since my first card almost nine years ago now.
Well for the first time ever I had an extreme moment of weakness and bought something on a credit card that I absolutely do not have the cash on hand to pay off in full out right and will have to pay interest for the first time ever if Id ont do something about it.
Is this the time to open a new card with a 0% intro offer? What's the catch because it seems too good to be true. What card would you recommend?
Is now the time for a 0% intro credit card?
byu/yuseung inMilitaryFinance
Posted by yuseung
1 Comment
The catch is they hope you’re either enticed to continue to run a balance, or that you forget to pay it off before the offer expires.
NFCU Platinum would be my recommendation. They regularly offer 0.99% balance transfer intro deals, no fees on BTs, and super-low interest rates after the offer, currently as low as 10.24%. Very handy as an emergency card.