Do People Actually Pay This?

[mredskins]

Originally Posted by GMScud

Good post, and very true. What I do is as my 0% introductory rate offers are nearing an end, I find another credit card with a similar or higher limit with a fancy intro offer, open an account, and subsequently close the card with the expiring 0% offer. That way when I close one card and open another, my ratio either stays the same or gets better, depending upon the limit of the new card.

With the new laws coming into effect I hardly ever see these 0% balance transfer intro offers anymore.