I've been getting transaction free checks in the mail from Capital One for the last 4 months. I've been using them each month to make up the balance of my expenses and writting a new check the next month to pay Capital One plus that months expenses. I've had the use of free money.
Monthly money that I would normally have spent is gaining 1% interest. I'm saving on average $30 a month now. When the gig is up and they send me no more transaction free checks, I'll just pay off the balance, interest free. What a great deal! Don't know how long it will last but I still have checks until September. They keep approving those checks every month hoping that they will eventually get their interest. What they don't know is that they won't get a dime out of me. Nice!
Monthly money that I would normally have spent is gaining 1% interest. I'm saving on average $30 a month now. When the gig is up and they send me no more transaction free checks, I'll just pay off the balance, interest free. What a great deal! Don't know how long it will last but I still have checks until September. They keep approving those checks every month hoping that they will eventually get their interest. What they don't know is that they won't get a dime out of me. Nice!
