Originally Posted by
MrDave
Not to mention the other option. If you are putting it on a 0% for 12 months card you can come out way ahead making minimum monthly payments and putting the savings into a 6% or better account.
I play the arbitrage game of taking funds from 0% or low percentage introductory credit card offers and putting them into high-yield savings or other investment accounts. CardIt and other similar services would assist in this arbitrage game only for the C/C's that offer 0% on new purchases but not on balance transfers, and my experience has been that most cards offering 0% offer it on balance transfers, not purchases, though some offer 0% on both balance transfers & purchases. So CardIt seems to be of limited utility for this purpose.