Extend Interest Free Credit Cards Introductory Periods Forever

Almost two years ago I wanted to perform some renovations to my home. To finance the work I used one of my first interest free credit cards. Over the last two years I’ve been paying the debt off interest free. How have I been interest free for over two years when most interest free credit cards only give you an interest free introductory period that only last a few months? It’s called Transferring Balances and you’re about to learn how to do it yourself.

The concept of transferring balances is quite simple really. It just means that when you’re interest free credit cards 0% introductory period ends, you transfer the buy virtual credit card remaining payoff amount to new interest free credit cards. Sounds pretty simple right? Well, there a bit more to it that I’m about to explain, read on.

We should have had credit cards in 'portrait mode' all along - Yanko Design

The first thing you want to look for are interest free credit cards that offer the longest interest free introductory period. Some companies offer up to 18 months interest free. This way you don’t have to concern yourself with transferring balance for quite a while. If you can’t find a 0% introductory rate that is that long, no problem, you’ll just need to transfer a bit more quickly than with the extended offers.

Be sure that the interest free credit cards you sign up for have introductory rates that apply to both new purchases and balance transfers to optimize your buying and transferring. If you cannot find an introductory offer that offers both then use the card wisely. If there’s not 0% introductory offer on new purchases than don’t use the card to make new purchases, just transfer your balance, continue paying off your debt and be on the look out for a new card that offers better features.

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