- Centurion Member
- Posts: 423
- Joined: Thu Aug 09, 2012 7:54 am
- Location: VA
I just recently got my Discover IT card, and it has 0% interest until February 2014. I just ordered a whole new set of computer parts on it (just over $1k) because of the 5% for online shopping, 5% back from TigerDirect, and 2% for buying on Octoboer 26th. Too good of a deal to pass up.
My question is, will it hurt me in any way to take advantage of the 0% and pay it off over the next couple months instead of all in one shot? I have more than enough in the bank to pay it in full, but if it won't hurt me to carry a balance and not pay any interest, why not take advantage?
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)