FNBO has launched a new credit card called ‘GreenSelect‘. Card has the following benefits:
- 0% Intro APR for balance transfers and purchases for the first 18 billing cycles
- 5% balance transfer fee (minimum $10)
- No annual fee
- No sign up bonus or rewards
These 0% introductory APR offers are a leading recession indicator and we’ve been seeing more and more card issuers introducing or reintroducing them in the case of Chase. The better offers normally have no balance transfer fee too. Creating an updated master list of these offers is on the to do list. You can do worse than just parking the funds you would have used in a high yield savings account until the 18 month term ends, just make sure not to spend more than you normally would, to meet monthly repayment requirements and pay the balance in full well before the 18 billing cycles grace period ends. In most cases you will be better off sticking to credit card bonuses.
