Hi,
I opened a new credit card from MBNA. Got an 11k limit. They are now offering interest free money transfers to a current account for 10 month. So I transferred 10k into my current account with Rabo Direct, then invested this money into one of their funds. It's up 600 in the past month so I'll let it run for another couple of weeks and then cash out. I can do what I like with this 10k once it's paid back by January 2011. There is no interest to pay on the 10k until January but by then it'll be paid back. I do need to make a minimum payment of €100 per month until Jan......anyone else do this??
I opened a new credit card from MBNA. Got an 11k limit. They are now offering interest free money transfers to a current account for 10 month. So I transferred 10k into my current account with Rabo Direct, then invested this money into one of their funds. It's up 600 in the past month so I'll let it run for another couple of weeks and then cash out. I can do what I like with this 10k once it's paid back by January 2011. There is no interest to pay on the 10k until January but by then it'll be paid back. I do need to make a minimum payment of €100 per month until Jan......anyone else do this??