0% Balance Transfer for 12 Months
Update: Citi has recently increased the length of its 0% balance transfer offer. The offer is now good for up to 12 months!
In a world where credit card companies are scrambling to find new ways of cashing in on consumers, Citibank has decided to increase their intro offer on purchases and balance transfers from up to six months to up to nine months on their Platinum Select MasterCard. While three months doesn’t sound like much, if you are planning to move a big balance over, or make a large purchase, having three more months of interest free payments is quite the bonus.
It’s strange to see Citibank move in this direction because they recently announced fees on their previously free checking accounts and are expected to cut a few other amenities while Congress speeds up the new Credit Card rules. While the Citi Platinum Select MasterCard does not provide the 0% APR for up to 12 months on balance transfers that the Discover More or Slate(SM) from Chase have, it’s still nice to see Citibank work its way to the top.
Now it’s time to put the turkey sandwich down and scroll through the top money articles of the past week.
10 Ways To Reduce Your Car Insurance Bill @ Financial Highway: If you are a good driver with no tickets or accidents, you should be able to find a carrier and coverage that will work with you to reduce your rate.
How I Very Unexpectedly Lost $60 In Less Than 3 Seconds @ Enemy of Debt: Impulse decisions usually cost more than they ever make … be smart!
Results of the $100 Scratch Off Lottery Project! @ Budgets Are Sexy: As part of a donation effort, J Money decided to buy $100 worth of scratch offs and all the winnings would be given to charity. The result – Perhaps he should have donated the full $100.
You Can Say Thank You With More Than Just Money @ Own The Dollar: Actions speak louder than words and most think that money speaks louder than both of them but that’s not anywhere near the truth.
How To Score Big On Cyber Monday @ My Dollar Plan: Who cares about Black Friday? Cyber Monday is where it’s at!
What Money Smells Do You Need To Work On? @ Mighty Bargain Hunter: Why is it that whenever people have a lot of money in their hands, they smell it. Does it smell differently than a single dollar bill?
Everyone Needs Some Blow @ Suburban Dollar: Of course it’s not what you think but blow money still sounds intriguing.
5 Four-Letter Words You Should Be Using in Personal Finance @ Frugal Dad: If you’re like me and have trouble weaving in and out of debt, then your four letter words may be different than mine. 
And here are some personal finance carnivals from the past week: Money Hacks Carnival: Thanksgiving Dinner Edition, Festival of Frugality – My Best Purchases’ Edition, Carnival Of Twenty Something Finances Turkey Edition, Carnival of Money Stories: Great Questions edition, and Carnival of Personal Finance #232 Thanksgiving Survival Edition.
{ 2 comments… read them below or add one }
I’m still waiting to see another “0% for life” BT offer…I have one from Discover and would love to have another one or two of these to transfer some higher interest debt.
While we’d all love to see a 0% for life offer, don’t hold your breath. I’d be happy with a no fee deal, but that’s unlikely, too.