Comments on: FAQ: Balance Transfer Rewards http://www.smartbalancetransfers.com/blog/2009/03/faq-balance-transfer-rewards/ The Balance Transfer Credit Card Resource Tue, 07 Sep 2010 15:14:52 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Balance Transfers Helper http://www.smartbalancetransfers.com/blog/2009/03/faq-balance-transfer-rewards/comment-page-1/#comment-4603 Balance Transfers Helper Tue, 24 Mar 2009 16:30:26 +0000 http://www.smartbalancetransfers.com/blog/?p=162#comment-4603 While this article on balance transfer rewards focused on earning rewards on a balance transfer, there are a few credit cards where you can earn some bonus rewards while enjoying a 0% APR. However, there are a few catches. The particular card I'm refencing is the <a href="http://www.smartbalancetransfers.com/discover-0-balance-transfers.php" rel="nofollow">Discover Miles card,</a> which offers 1,000 bonus miles for the first 12 months of cardmembership when you make a purchase. However, there are a few catches. First, at present, this card only offers a 0% APR on balance transfers and purchases for 6 months. If you know you will be able to repay your balance in this time, it may be worth considering, as you can make small purchases once a month to get the bonus miles. Nevertheless, getting a 0% for only 6 months instead of a year is a steep price to pay to get a few thousand airline miles. As I mentioned above, its better to use the money you save with a 0% APR for a year to buy yourself a plance ticket. While this article on balance transfer rewards focused on earning rewards on a balance transfer, there are a few credit cards where you can earn some bonus rewards while enjoying a 0% APR. However, there are a few catches. The particular card I’m refencing is the Discover Miles card, which offers 1,000 bonus miles for the first 12 months of cardmembership when you make a purchase.

However, there are a few catches. First, at present, this card only offers a 0% APR on balance transfers and purchases for 6 months. If you know you will be able to repay your balance in this time, it may be worth considering, as you can make small purchases once a month to get the bonus miles.

Nevertheless, getting a 0% for only 6 months instead of a year is a steep price to pay to get a few thousand airline miles. As I mentioned above, its better to use the money you save with a 0% APR for a year to buy yourself a plance ticket.

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