A single missed or late payment may be enough for the creditor to wipe away the introductory rate and start charging
you the full interest rate plus late fees.
Over
a full interest rate cycle, we seek to outperform «money fund» products (intended for retail investors) while maintaining similar volatility of returns.
If you use your new card to buy something, your purchase will usually attract
the full interest rate of the new card (not the special balance transfer rate).
The strategy also smooths out reinvestment risk since money is being reinvested continuously throughout
a full interest rate cycle.
Fulfilling all of the above conditions each month ensures that you earn
the full interest rate, but if you're truly determined to maximize, signing up for a Consumers Credit Union credit card can unlock even higher rates on Free Rewards Checking.
«The remaining balance at that point is charged at whatever
the full interest rate might be.»
You don't always get
the full interest rate but you can get a much higher interest rate with no competition.
Any amount that isn't paid in full before the 0 - percent interest deal expires will be charged
the full interest rate back to the date of purchase.