Credit card companies don’t care. All it takes is one missed date on that introductory offer expiry on one card and that 0% becomes 19% on the backdated 30k, accrued monthly… eating your meager profit plus more, plus time spent. And the companies know it will statistically happen sooner or later, which is why they make these offers.
You do you though. Personally I hope it works out for you, fuck the banks.
Never missed a payment yet. I see the roughly thousand a year I make from it as worth the hassle. A regular income, spreadsheet to track deals expiry dates and direct debit payments. Not much else is required.
Credit card companies don’t care. All it takes is one missed date on that introductory offer expiry on one card and that 0% becomes 19% on the backdated 30k, accrued monthly… eating your meager profit plus more, plus time spent. And the companies know it will statistically happen sooner or later, which is why they make these offers.
You do you though. Personally I hope it works out for you, fuck the banks.
Never missed a payment yet. I see the roughly thousand a year I make from it as worth the hassle. A regular income, spreadsheet to track deals expiry dates and direct debit payments. Not much else is required.