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Buying a bike on a credit card

1289 Views 10 Replies 10 Participants Last post by  Rodogg04
I did it. I bought my 1999 SVS on a 0% interest card for 12 months. I paid it off in 12 months, so it was a free loan. Also, there as no lien on the bike during those months.

Anyone else do this?
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No, but that's a good idea. I've used several 0% deals in the past just to have some "free" money. I always pay the card off at the end of the period so I don't have to pay anything for the "loan". I have been going to school, which GI Bill pays for, but I always charge tuition to my credit card. It gives me points on the card, and then I'll use a 0% card to transfer the balance for a year. I had the money to pay right away, but if they're going to give the money to me completely free (I'm talking about ZERO balance transfer fees, membership fees, or ANY other charge), then I'll take it. Whether I spend the money on something or put it into a savings account, I always work it into my budget to pay the balance before the 0% rate is over. ;)
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