I had to make a large purchase on a new Wells Fargo credit card late last year. Luckily there was a 0% offer. I divided up my total by the number of months left with the 0% offer and paid that amount every month. I never even considered just paying the minimum and putting the rest in a HYSA. What a brilliant idea! I've never heard any other You Tuber talk about this. I had a payment coming up May 1st so I changed it to the minimum and scheduled to transfer the rest to a newly created bucket with my Ally savings account. So excited. Thank you so much!
Awesome way to make sure you get as much as you can from the interest AND ensure you have the money to pay the card in full. Thanks for watching and the comment!
i used my sons college tuition to hit sign up bonus on BPP, Business Gold, personal gold, vanilla Plat, and Charles Schwab plat. paid the tuition and then paid the cards from the college 529 fund. Then my EX would pay me her part of the college expenses --- i did not tell her i made about $5,500 in points in addition to her paying me.... 😉
Unfortunately they’ve been harder to find lately. Here’s some that might fit your situation but I haven’t seen any slam dunks for a while: www.doctorofcredit.com/does-funding-a-bank-account-with-a-credit-card-count-as-a-purchase-or-cash-advance/amp/
I had to make a large purchase on a new Wells Fargo credit card late last year. Luckily there was a 0% offer. I divided up my total by the number of months left with the 0% offer and paid that amount every month. I never even considered just paying the minimum and putting the rest in a HYSA. What a brilliant idea! I've never heard any other You Tuber talk about this. I had a payment coming up May 1st so I changed it to the minimum and scheduled to transfer the rest to a newly created bucket with my Ally savings account. So excited. Thank you so much!
Awesome way to make sure you get as much as you can from the interest AND ensure you have the money to pay the card in full. Thanks for watching and the comment!
i used my sons college tuition to hit sign up bonus on BPP, Business Gold, personal gold, vanilla Plat, and Charles Schwab plat. paid the tuition and then paid the cards from the college 529 fund. Then my EX would pay me her part of the college expenses --- i did not tell her i made about $5,500 in points in addition to her paying me.... 😉
Finessed! Love it lol
Amazing Haul!
Dropping gems! 💎💎
Thank you Lani!!
Which card do You use for mortgage payments?
Unfortunately I don't. have one currently. Crossing my fingers that BILT will cover my provider. when they roll out their mortgage rewards
Thanks for coming by! Do you have any American Express Business Credit Cards or Accounts?
Do you offer any 1 on 1 consultation group coaching or programs where students can come together and network. Share experiences, resources, and Q&A
As of this moment, I do not. CZcams is still very part-time for me but maybe in the future as the channel grows
Are there any credit unions still reliably doing credit card funding to help out with the Ink cards?
Unfortunately they’ve been harder to find lately. Here’s some that might fit your situation but I haven’t seen any slam dunks for a while: www.doctorofcredit.com/does-funding-a-bank-account-with-a-credit-card-count-as-a-purchase-or-cash-advance/amp/
i dont think the pop up jail happens with the business cards. i played the game for myself and my wife
Definitely less-so on the business side but I have seen some people struggle with it