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Taking Advantage of 0% credit cards to maximize miles
Dear fellow FTers,
I have a few c.c. offers for 12-15 months 0% interest for purchases and wonder if there's anything I can do to maximize miles by buying stuff and then cash in a short or mid term. I think govt bonds online was long gone and Charter One is gone too. Any brilliant ideas? Thanks much, FrequentMilesManiac |
I can't think of any way a 0% on purchases card will help you to get miles/points. But 0% on balance transfers may be useful in many different ways. You can basically borrow money interest free and use it in some way to earn miles- i.e. open an Ameritrade account or a checking account that earns miles.
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This may be useful for buying gift cards in bulk and not worrying about interest... however as mentioned.. I can't see how 0% can help increase miles?
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