Credit card dorks itt

[EdgeBest]

Is it better to get zero percent interest for 6 or 12mo on a large transaction

Or the 1% 2% cash back most cards give

It's too early for me to do math

 

[EdgeBest]

My caveman math says deferring payments or paying off slowly before interest hits is better than the cash back at purchase

 

[quickfeet]

My caveman math says deferring payments or paying off slowly before interest hits is better than the cash back at purchase

If you can’t pay the large transaction off immediately when the statement is due, you need to go zero percent interest

 

[EdgeBest]

If you can’t pay the large transaction off immediately when the statement is due, you need to go zero percent interest

its a home project, few thousand. i can pay it off at the end of the month and get 1% cash back

but i also can put it on paypal credit and get no interest for 12mo

 

[quickfeet]

its a home project, few thousand. i can pay it off at the end of the month and get 1% cash back

but i also can put it on paypal credit and get no interest for 12mo

Ideally, sign up for a new card that gives you a bonus when you spend a couple thousand, and then pay it off at the end of the month

 

[quickfeet]

If you can pay it off, I wouldn’t just sit on it

 

[dirtytoeddawg]

Before covid we traveled a lot. We use Marriott cards. There’s a ton of higher end resorts/hotels under that umbrella. We’ve stayed at multiple Ritz properties for less than $100 per night, get the concierge lounges, & free breakfast. Hell, we’ve been to French Leave in Eleuthera 3 times for less than $100/ night.

With that said you have to be someone who travels a lot & pay it off monthly to really enjoy it.