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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (109391)	4/15/2005 11:06:48 AM
From: kumar	Read Replies (1) \| Respond to of 793719

the 3% is their money not mine - I dont usually get a cash discount of 3% if I choose not to use a card.

To: michael97123 who wrote (109391)	4/15/2005 11:42:40 AM
From: Zakrosian	Read Replies (2) \| Respond to of 793719

What i like to do most is take their balance transfer offers at 0% with no transaction fees and put that money in ING for a year at 3% I've done the same several times; however, once I inadvertently used the card and then discovered that I'd have to pay interest on all purchases until i paid off the original balance transfer. Also, I only use cards that pay me a rebate, even on cash advances at the grocery store. I've found that if I try to cancel a card, the issuer will often offer even better terms than I'm getting on the cards I use the most. A few years ago, cards were even offering rebates on balance transfers. I was able to kite a $10,000 balance from one card to another for about 6 months, each time getting between one and two hundred dollars in rebates.