Review Of The Balance Transfer For Life Offer From Discover Card
Published 8/3/08 (Modified 3/8/11)
I'm what you would call a credit card arbitrager. What that means is that one of my hobbies and passions is to seek out ways to maximize my money, particularly in the area of credit card reward programs. It's not just credit card sign up bonuses and cashback rewards that I aim to maximize either - it's also such credit card perks as balance transfer offers. 0% balance transfer credit cards are used by many, including myself for a variety of financial planning purposes. While some anti-credit card personal finance commentators frequently rally against the use of credit cards altogether, blaming them for the out of control credit card debt problem we have in this country, I personally cite the lack of proper financial education and abandonment of personal responsibility and accountability for the majority of credit card debt related troubles on the part of consumers.
Credit Cards Offer Valuable Benefits For Arbitrage Chasers, But They Should Be Used Wisely and Selectively