So angry!

Avatar for aerandel
iVillage Member
Registered: 03-25-2003
So angry!
2
Wed, 05-31-2006 - 10:18am

So I was putzing around on the upromise website today trying to find out more info on the upromise credit card, which is something I would like to get in the future but not yet.

                          

             

iVillage Member
Registered: 05-09-2005
In reply to: aerandel
Wed, 05-31-2006 - 11:12am
Hi Aerandel,
I'd really suggest you DON'T apply for that Discover card. The offer I got had some evil small print -- yours probably does too. Yes it's 0% on the money you transfer BUT in order to keep that rate you have to make 2 purchases a month. AND any money you pay to them will go to the 0% offer -- Meanwhile the interest mounts on the 2 purchases a month that you will never be able to pay on until you have paid off all the 0% balance. AND the interest will mount up quickly on the 2 purchases a month. It's true, the purchases can be small BUT if you don't make the 2 purchases a month, then you lose the 0% on the money you transferred. They of course expect you to NOT make the 2 purchases a month and they also hope you won't figure that you will be charged a pretty high interest rate on the 2 purchases a month that you do make.
SO BEWARE.
Megan
Avatar for aerandel
iVillage Member
Registered: 03-25-2003
In reply to: aerandel
Wed, 05-31-2006 - 1:12pm

Megan,


So that stipulation applies to balance transfers as well?