- Centurion Member
- Posts: 875
- Joined: Thu Apr 30, 2009 2:32 pm
- Location: Texas
I've never heard of RC Wiley, but if you're going to do this you need to be absolutely certain that you make all of your payments (at least the minimum) on time. If there is any doubt that you will be able to do this, don't take the offer. I've done the no-interest store financing for furniture a couple of times and it has worked great. But you do have to read the fine print. If you screw up just one payment, you will almost certainly be liable for all of the interest that would have accrued over the entire life of the loan, even that from before you messed up the payment.
If you have doubts about what this store is offering -- and it sounds like you do -- I would look into what you might have available to you from other credit providers. If you're going with the store offer, you should definitely find out what bank is behind their offer and google its name along with the store's to see what comes up.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).
*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.