@DavidLat they may still hit you with late fees if you don't pay the monthly minimum.
has a dumb Q: How does a 0% APR credit card work? Can I charge up a storm, pay nothing for months, and pay it all off at the period's end?
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@DavidLat Typically there's a minimum monthly payment but it's applied entirely to principal.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@DavidLat no. there is usually still a minimum payment and a penalty if you don't pay. you just have no interest chrgsThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@DavidLat If my 0% transfers are any indication, you'll pay plenty each month.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@DavidLat Usually, you have minimum monthly payments unless it explicitly says "no payments". But yes, you can pay it all off at the end.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@DavidLat Also pay attention, some have different rates for cash advances, and balance transfers than for charges ;)Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.