Originally Posted by
r.brown
I know most of you are looking for a quick and easy way to earn points, but something else to think about...
The Barclay's Arrival card I believe (mine did at least) comes with 12 months 0% on purchases. You can always buy stocks and hold them long term and sell them off when the 0% intro APR ends. Barclay's only requires a 1% minimum monthly payment.
Granted you can always lose money with investing, even worse so using borrowed money to invest, but with a well diversified portfolio of some of these major companies that Loyal3 offers, especially dividend paying ones, you should come out nicely using borrowed money.
sounds too painful in terms of having an excellent credit profile, even with other cc to help with utilization, you still run the risk of having one card maxed out at some point in the 12 month period.
Last edited by MasterCharge; Jul 24, 2014 at 10:59 pm