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Old 07-13-2009, 03:48 AM
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Following are some tips of using the 0% Credit Card:
1. Note the date your interest free time will come to an end. Some zero percent credit cards are being offered now for up to a full year! Be certain you can pay off any balance you have accrued before this period ends.

2. Transfer credit card balances from your cards which are not zero percent credit cards to the one which is. Even if you have to pay a small transfer fee, this could save you a lot of money. Before doing so, check that your new zero percent credit card covers balance transfers in addition to new purchases.

3. Make your payments on time. Most zero percent credit cards have a stipulation that allows them to cancel your zero interest rate if you are late on even one payment.

4. Pay off outstanding debt. Zero percent credit cards are a great way to help you save money while you attempt to become debt free while not paying high interest fees normally associated with loans you may otherwise be tempted to take out.
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