http://www.livelearninvest.com/0-apr-on-balance-transfers-for-life/ Living life to its fullest by generating passive income through investments Thu, 02 Feb 2012 03:11:13 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.livelearninvest.com/0-apr-on-balance-transfers-for-life/comment-page-1/#comment-44 Empty Spaces Inc. Sat, 22 Apr 2006 08:37:00 +0000 http://www.afterreadingrichdadpoordad.com/?p=83#comment-44 i actually had a real 0% for life on att universal card when in college. but i've been paying the minimum $35 through my bank autopay. now several years later i realize i've overpaid several hundred dollars worth! i actually had a real 0% for life on att universal card when in college. but i’ve been paying the minimum $35 through my bank autopay. now several years later i realize i’ve overpaid several hundred dollars worth!

]]> http://www.livelearninvest.com/0-apr-on-balance-transfers-for-life/comment-page-1/#comment-43 Anonymous Mon, 17 Apr 2006 18:30:00 +0000 http://www.afterreadingrichdadpoordad.com/?p=83#comment-43 Most likely you will have to pay off the entire balance in the first month or else you'll be charged interest on the purchases. All payments are usually applied to whatever balance has the lowest interest rate (your balance transfer rate at 0%). So that will leave your new purchases on the card accruing interest at whatever rate they charge for purchases. It's tricky, I got screwed on an offer like this before. Most likely you will have to pay off the entire balance in the first month or else you’ll be charged interest on the purchases. All payments are usually applied to whatever balance has the lowest interest rate (your balance transfer rate at 0%). So that will leave your new purchases on the card accruing interest at whatever rate they charge for purchases. It’s tricky, I got screwed on an offer like this before.

]]> http://www.livelearninvest.com/0-apr-on-balance-transfers-for-life/comment-page-1/#comment-42 Steve Mon, 17 Apr 2006 10:25:00 +0000 http://www.afterreadingrichdadpoordad.com/?p=83#comment-42 Another thing you may want to verify is the transfer fee. I've had MANY credit card offers over the years that put <B>0%</B> everywhere, yet when you read the fine print, they'll forget to tell you about the stamdard 3% balance transfer fee associated with the offer. Very rarely have I gotten a CC offer that says 0% APR on purchases, 0% APR on balance transfers <I>and</I> 0% on balance transfer fees (although, I have gotten them). Another thing you may want to verify is the transfer fee. I’ve had MANY credit card offers over the years that put 0% everywhere, yet when you read the fine print, they’ll forget to tell you about the stamdard 3% balance transfer fee associated with the offer. Very rarely have I gotten a CC offer that says 0% APR on purchases, 0% APR on balance transfers and 0% on balance transfer fees (although, I have gotten them).

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