by Anura Guruge
on January 10, 2024
I am always getting these 0% APR credit card offers & have for years (maybe the last decade).
I typically have ONE of these 0% APR cards going (i.e., active & in use) at any given time.
I paid off, in full, a ‘Bank of America‘ one a few months ago. Just, a couple of days ago, maxed out a ‘Citi‘ one. I have till June to pay that off. Just got this ‘Wells Fargo’ one.
That is how I play it. I try to only use ONE at a time. I always, but always, pay them off in full when the 0% APR promotional period ends. I don’t pay credit card interest. Just don’t. I don’t think I ever have! SMILE. I like to live within a budget, within my means. As some of you know, I live very modestly.
It is crazy that I am still getting 21-month, 0% APR offers in TODAY’s high-interest rate climate. I am not complaining, but it tells you something. Credit card companies are DESPERATE for the transaction fees they get on each transaction. I am glad.
I am happy. Part of my investment strategy. I invest the money till I need to pay off the card in full.
