FNBO has launched a new credit card called ‘The green solution‘. The card has the following benefits:
- 0% introductory APR on balance transfers and purchases for the first 18 billing cycles
- 5% balance transfer fee ($10 minimum)
- No annual fee
- No bonuses or rewards for signing up
THESE 0% introductory offer for April are a leading indicator of recession and we have seen more and more card issuers introducing or reinserting them into Chase’s case. The best deals usually have there is also no balance transfer fee. Creating an up-to-date master list of these offers is on the to-do list. You could do worse than just park the funds you would have used in a high yield savings account until the 18-month term is up, just make sure you don’t spend more than you normally would, to meet the monthly repayment requirements and pay off the balance in full before the end of the grace period of 18 billing cycles. In most cases it will be better to stick to it credit card bonuses.
