Good 0% introductory offer for purchases?

Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
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Good 0% introductory offer for purchases?

Postby JeepFreak » Fri May 04, 2012 10:23 am

I'm planning to make a $10k purchase for our home and I have the cash, but why give up my cash sooner than I have to?

So, my initial thought was to charge it on one of my existing cards and do a balance transfer at a super low (0%?) APR and pay it off as slow as I can without paying unnecessary finance charges, but then I read that most cards charge a 3-5% fee for balance transfers (I've never done one), so now I'm wondering if there are any cards to consider with a low introductory APR? I saw that the VentureOne Rewards card is 0% for 12 months, but I had a bad experience with Capital One. Do you know of any others worth considering?

My credit is excellent, by the way.

Thank you!

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Postby PlatinumAMEX94 » Fri May 04, 2012 2:19 pm

The Chase Slate gives you a good 0% intro offer. After that it changes to an interest rate based on your credit worthiness.
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Postby hematino » Tue May 15, 2012 6:38 pm

I personally had a terrible experience with Citibank, and I don't recommend dealing with them. Chase Slate might be worth looking into. They offer 0% balance transfer for 15 months and no balance transfer fee for the first 30 days. I have one, but I've never done a balance transfer either so maybe someone else can back me up on this? Chase approved me back when my credit was only in the mid 600s, so you should have absolutely no problem qualifying.

If you are in with PenFed, they have a card which I think is called the Promise.... a few days ago, a CSR told me over the phone that they are running a promotion with balance transfers with 4.9% interest for the life of the transfer, no matter how long it takes to pay off. I know you said you have the cash to pay it off, but if you ever plan to make a big purchase and pay over a long period, it could be another option.
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