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Hello Financial Planning team!

I was in the shower last night and had a thought. If I Cash Advance a bunch of money off a credit card, then Balance Transfer the amount to a new 0% Balance Transfer, 0% transfer fee credit card - Do I then suddenly get an interest free period on that lumpsum? Is this even possible??? $‿$

Obviously there will be a small amount of time where there's an outrageous Cash Advance interest rate during the application but i'd imagine a BT interest free period would offset this...

Edit: Are this informations true?



Submitted November 06, 2018 at 07:28AM by str754on https://ift.tt/2PGMTFL

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