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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (138204)	12/1/2008 1:29:01 AM
From: goldsheet	Respond to of 313046

> Just recently got the best offer of all. Transfer all of my (non-existent) credit card or other debts to the Royal with a guaranteed 1.9% interest to July of 2009. Been playing the balance transfer game for years, taking almost $100K at one time at 0% APY. Got 30K @ 0% APY from Citi in September 2007 for $75 fee, and put it in a 1 year 6% CD - giving me about $1725 free. When the balance was due in September 2008, I paid it off with a 0% APY Wachovia balance transfer for a $75 fee, so I'm good until September 2009. Rolled the CD into 5%, so I'm only getting $1425 free money now. Unfortunately, seeing less 0% offers and fee caps are rising or have been removed completely, which means "game over" Here's a fun reference: fatwallet.com Apply for 20 cards at once and take all the balance transfer money offered.