princessleia
Established Member
Joined: Jan 23, 2011 21:13:41 GMT -5
Posts: 266
|
Post by princessleia on Jun 6, 2011 19:10:34 GMT -5
Ah ha! I just received the checks from CHASE for it. ;D Yes, No transaction fees!  |
|
azphx1972
Familiar Member
Joined: Mar 2, 2011 22:08:36 GMT -5
Posts: 809
|
Post by azphx1972 on Jun 6, 2011 19:22:47 GMT -5
Sweet! I got one a couple of weeks ago and cashed in on it. ;D
|
|
|
|
Post by Savoir Faire-Demogague in NJ on Jun 6, 2011 19:23:12 GMT -5
I've received bupkus on these offers. Only problem is where to put the money.
|
|
princessleia
Established Member
Joined: Jan 23, 2011 21:13:41 GMT -5
Posts: 266
|
Post by princessleia on Jun 6, 2011 19:28:17 GMT -5
I've received bupkus on these offers. Only problem is where to put the money. I am putting mine in the high yield rewards checking a/c 2.75% APR  |
|
|
|
Post by Savoir Faire-Demogague in NJ on Jun 6, 2011 19:32:07 GMT -5
A few years ago, I would get these all the time. At one point I had $46,000 out on 0% offers.
|
|
marmar
Junior Member
Joined: Jan 6, 2011 22:47:56 GMT -5
Posts: 240
|
Post by marmar on Jun 6, 2011 21:55:30 GMT -5
A few years ago, I would get these all the time. At one point I had $46,000 out on 0% offers.  That's more than my gross annual salary.  |
|
Tiny
Senior Associate
Joined: Dec 29, 2010 21:22:34 GMT -5
Posts: 13,488 
|
Post by Tiny on Jun 6, 2011 22:08:29 GMT -5
There's probably a maximum amount you can use with the 0% BT, no Fee, Chase offer - I think it's 1/2 your credit limit on the Freedom account. It's a nice offer if you've got some left over higher interest CC debt or just want to save alittle in interest on some medium term low-ish interest debt.
ADDED: I'm using some of Chase's money for no charge to lower my interest expense on money I'm paying to use.
|
|
|
|
Post by Savoir Faire-Demogague in NJ on Jun 7, 2011 6:11:01 GMT -5
That's more than my gross annual salary.
A poster who was on the msn forums, named MTL reported a few times he had $250,000 out on 0% offers. I was a lightweight. LOL
|
|
gobermitcheese
Established Member
Joined: Feb 21, 2011 12:44:55 GMT -5
Posts: 484
|
Post by gobermitcheese on Jun 7, 2011 9:28:37 GMT -5
I got an offer from chase to write checks on my current card with 0% interest for 15 months but they had a 2% transaction fee which is the lowest I have seen.
|
|
mithrin
Junior Member
Joined: Jan 5, 2011 13:01:56 GMT -5
Posts: 104
|
Post by mithrin on Jun 7, 2011 10:25:17 GMT -5
There's probably a maximum amount you can use with the 0% BT, no Fee, Chase offer - I think it's 1/2 your credit limit on the Freedom account. It's a nice offer if you've got some left over higher interest CC debt or just want to save alittle in interest on some medium term low-ish interest debt. ADDED: I'm using some of Chase's money for no charge to lower my interest expense on money I'm paying to use. My wife got this offer on one of her Chase cards. Be careful, it might not even be 1/2 the credit limit. Her letter said she couldn't do more than 5K to BT, which is much less than 1/2 the credit line. |
|
dancinmama
Senior Associate
LIVIN' THE DREAM!!
Joined: Dec 18, 2010 20:49:45 GMT -5
Posts: 10,659
|
Post by dancinmama on Jun 7, 2011 10:35:14 GMT -5
I got the same 0% offer from Chase and the limit on the offer is half of my credit limit on the card. I too played the 0% balance transfer game way back when (geez, it seems like a long time ago). There was a time when I had over $100K at 0%.  |
|
Angel!
Senior Associate
Politics Admin
Joined: Dec 20, 2010 11:44:08 GMT -5
Posts: 10,722
|
Post by Angel! on Jun 7, 2011 16:08:58 GMT -5
I've gotten close to a dozen offers from discover for 0% BT with 0% fees. I think someone is going wonky with the mail-outs because they are all identical offers & I am getting about 3 a week, I got 2 on the same day once - identical offer, identical envelope, both addressed to me.
|
|
chen35
Senior Member
Joined: Apr 6, 2011 19:35:45 GMT -5
Posts: 2,312
|
Post by chen35 on Jun 7, 2011 16:14:10 GMT -5
I got one of these in the mail the other day. I have a question though, if I use one do I lose my grace period? I used my Chase to pay for everything, and then just pay off my last statement balance every month. So I never pay interest, but I almost always have a balance. If I use one of these checks will they start charging me interest on all of my purchases?
|
|
Angel!
Senior Associate
Politics Admin
Joined: Dec 20, 2010 11:44:08 GMT -5
Posts: 10,722
|
Post by Angel! on Jun 7, 2011 16:37:44 GMT -5
It used to be if you carried a balance then you lost your grace period, but I'm not sure if this is true anymore. My concern would be if I am carrying a balance, then my payment might get applied to the 0% balance & leave me the balance that has a higher %. They are supposed to apply anything over the minimum to the highest APR, but I don't know if people have had issues with this or not.
|
|
azphx1972
Familiar Member
Joined: Mar 2, 2011 22:08:36 GMT -5
Posts: 809
|
Post by azphx1972 on Jun 7, 2011 18:50:18 GMT -5
My wife got this offer on one of her Chase cards. Be careful, it might not even be 1/2 the credit limit. Her letter said she couldn't do more than 5K to BT, which is much less than 1/2 the credit line. I got the same offer on my Chase slate card. The $5000 limit only applies to checks written to yourself or another household member. I made my check to my bank (not Chase) and was able to take full advantage of the offer. |
|
schildi
Well-Known Member
3718 and no text
Joined: Jan 14, 2011 1:38:58 GMT -5
Posts: 1,837
|
Post by schildi on Jun 7, 2011 20:16:16 GMT -5
That's more than my gross annual salary.A poster who was on the msn forums, named MTL reported a few times he had $250,000 out on 0% offers. I was a lightweight. LOL Yeah, I remember that. We were at > $60,000. It was fun, those good old times ...  |
|
marmar
Junior Member
Joined: Jan 6, 2011 22:47:56 GMT -5
Posts: 240
|
Post by marmar on Jun 7, 2011 22:46:56 GMT -5
A poster who was on the msn forums, named MTL reported a few times he had $250,000 out on 0% offers. I was a lightweight. LOL Holy Mother of God!!! I am SO in the wrong line of work......  |
|
marmar
Junior Member
Joined: Jan 6, 2011 22:47:56 GMT -5
Posts: 240
|
Post by marmar on Jun 7, 2011 22:50:48 GMT -5
Chase has really been wearing me out with the convenience checks the past few months. I keep getting them for two of my three Chase cards, sometimes just a week apart, sometimes two a week. The latest offer was 0% for 12 months with NO transaction fee. Not bad.
Oh, and Discover keeps begging me to take out a loan with them.
(*sigh*) I wish they'd all leave me alone for awhile.
|
|
