I got one of these when I was building the fence to keep the dog in the yard.
It was a good deal. No Interest, No Payments for 6 months on any single purchase of $400 or more.
That $400 is a total, not a single item of $400 or more. I say that because it was asked of me 🙂
So I got the card, and figured out what I could pay per pay-period so that I would have the balance payed off in time.
Mostly because interest starts accruing the day you use it, and it’s almost 30% 🙁
So I figured that $50 is a nice figure, and that means every 6 months I can charge up about $650 worth of stuff. I wouldn’t get all the stuff I need for the basement in one shot, but 6 months at a time isn’t so bad.
Anyway, the point of this is that they’ve changed their rules, and for once, in a good way 🙂
Now it’s purchases over $300(go strong CDN dollar!) and it’s over 12 months, not 6.
It’s one of those things that I recommend to home owners that want to, slowly, improve their home 🙂
If it works for me, it’ll work for just about anyone!