Best 0% offers for PURCHASES - Credit Card Forum

ka8 · 05-14-2008, 10:46 AM

I'm looking for the best 0% credit card offers for purchases only. I know most give it on balance trasnfers but I don't need that, just on new purchases. Which cards out there are good for this and offer it at least 12 months? I have a big purchase I need to make ($8000) for a jet ski and I figure 0% is a hell of a lot cheaper than any traditional financing on it.

CreditCardGuru · 06-17-2008, 03:25 PM

The card I recommend currently for 0% on purchases is the American Express Blue Card. At the time I'm writing this (so it may have changed) they are offering 0% APR for up to 15 months on purchases, which is virtually unheard of with every other creditor. The card has no annual fee and right now the other comparable cards are offering only 6 months 0% APR. Another benefit is American Express tends to give generous credit limits which would be important in a situation such as this.

If you have a big purchase you need to carry as a balance for a year I'd check it out. Here is our review for the Blue Cash card.

Roni · 09-19-2008, 10:22 AM

If I send money with Paypal do you think that counts as a purchase? I suppose it would. I could use a short term loan right now to cover expenses until we get our settlement in November. What do you think of using a card like this and sending the money by Paypal to another Paypal account? They charge a 2.9% processing fee so it would be like getting a 15 month cash advance for 2.9% of the total.

ka8 · 09-21-2008, 10:22 PM

Man totally forgot I posted on here back then about this. Well I ended up going with a Chase card but it was only 0% for 12 months. Maybe at that time next year I'll get this other card you recommended and transfer it again lol

AnthonyBarone · 09-25-2008, 06:12 AM

Paypal should work but you'll be paying the 2.9% fee they charge.

010101 · 10-06-2008, 07:50 AM

they do this in hopes that you will charge up a fortune during the promo period and then not be able to pay it off once the normal interest kicks in.

Mandy77 · 10-19-2008, 11:14 PM

15 months is great. Would average credit qualify me for this card?

sputNick · 10-21-2008, 04:26 PM

I would like to get this card more for the high limits I hear they give but I don't know if I would qualify.

Floppster · 10-23-2008, 05:48 PM

Get a Amex Charge Card and you don't have to worry about interest at all

fffresh · 10-27-2008, 07:00 PM

The Fed is expected to lower the rate this week by 75 or 100 basis points. Since nearly all credit cards rates are based on the prime rate this is a good thing which should mean rates by ethical credit cards will automatically be lowered by 0.75% to 1% one or two months from now.

05-14-2008, 10:46 AM	#1
ka8 Green Member Join Date: May 2008 Location: penn state Posts: 5	Best 0% offers for PURCHASES I'm looking for the best 0% credit card offers for purchases only. I know most give it on balance trasnfers but I don't need that, just on new purchases. Which cards out there are good for this and offer it at least 12 months? I have a big purchase I need to make ($8000) for a jet ski and I figure 0% is a hell of a lot cheaper than any traditional financing on it.

06-17-2008, 03:25 PM	#2
CreditCardGuru Moderator Join Date: Mar 2008 Location: Huntington Beach, CA Posts: 49	American Express Blue The card I recommend currently for 0% on purchases is the American Express Blue Card. At the time I'm writing this (so it may have changed) they are offering 0% APR for up to 15 months on purchases, which is virtually unheard of with every other creditor. The card has no annual fee and right now the other comparable cards are offering only 6 months 0% APR. Another benefit is American Express tends to give generous credit limits which would be important in a situation such as this. If you have a big purchase you need to carry as a balance for a year I'd check it out. Here is our review for the Blue Cash card.

10-23-2008, 05:48 PM	#9
Floppster Centurion Member Join Date: Sep 2008 Location: US Posts: 117	Get a Amex Charge Card and you don't have to worry about interest at all __________________ Intellectuals solve problems. Geniuses prevent them. - Albert Einstein 1879-1955

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09-19-2008, 10:22 AM	#3
Roni Green Member Join Date: Apr 2008 Location: Indiana Posts: 21	If I send money with Paypal do you think that counts as a purchase? I suppose it would. I could use a short term loan right now to cover expenses until we get our settlement in November. What do you think of using a card like this and sending the money by Paypal to another Paypal account? They charge a 2.9% processing fee so it would be like getting a 15 month cash advance for 2.9% of the total.

09-21-2008, 10:22 PM	#4
ka8 Green Member Join Date: May 2008 Location: penn state Posts: 5	Man totally forgot I posted on here back then about this. Well I ended up going with a Chase card but it was only 0% for 12 months. Maybe at that time next year I'll get this other card you recommended and transfer it again lol

09-25-2008, 06:12 AM	#5
AnthonyBarone Platinum Member Join Date: Apr 2008 Location: White Plains, NY Posts: 73	Paypal should work but you'll be paying the 2.9% fee they charge.

10-06-2008, 07:50 AM	#6
010101 Green Member Join Date: Sep 2008 Location: a cubicle Posts: 15	they do this in hopes that you will charge up a fortune during the promo period and then not be able to pay it off once the normal interest kicks in.

10-19-2008, 11:14 PM	#7
Mandy77 Green Member Join Date: Aug 2008 Location: West Coast Posts: 3	15 months is great. Would average credit qualify me for this card?

10-21-2008, 04:26 PM	#8
sputNick Green Member Join Date: Oct 2008 Location: Midwest Posts: 23	I would like to get this card more for the high limits I hear they give but I don't know if I would qualify.

10-27-2008, 07:00 PM	#10
fffresh Centurion Member Join Date: Apr 2008 Location: the edge of the world Posts: 227	The Fed is expected to lower the rate this week by 75 or 100 basis points. Since nearly all credit cards rates are based on the prime rate this is a good thing which should mean rates by ethical credit cards will automatically be lowered by 0.75% to 1% one or two months from now.