Another Credit Card Offer

[Dr. DOS]

This one from RBS. Thinking about due to its fixed 4.99% APR ... BUT RBS card is from Citizens Bank of Rhode Island and affiliate of the Royal Bank of Scottland Group plc. Regarding identity security -- your thoughts since my contact information will be floating around Scottland (no offense to them)

[Guest]

Dornt fash yerse abit it.go aheid an' gie th' card.

[Dr. DOS]

Dornt fash yerse abit it.go aheid an' gie th' card.

OK... I think

[zzyzzx]

With all the outsourcing, more than likely all your personal info is already floating around a few thirld world countries. That is very troublesome. I would not worry about Scotland.

[Craig Tucker]

There are countless credit card offers over here with 0% introductory intrest usualy for the first 6 to 9 months. So as long as you remember to change cards in time and transfer the balance you never need to pay interset on your credit cards. I took out an egg card for the renovations to my house. Had the cash in my account but figure I may as well earn the intrest on it and make use of all these 0% credit cards out there. You can trust the Scots, they are serious when it comes to money

[JohnnyCNote]

Tro' 'em a deefy....

[Dr. DOS]

You can trust the Scots, they are serious when it comes to money

I would think their privacy policies are up there, if not better then ours. Craig, I did the same on an room addition three years back... floated $20,000 on a 0% apr card and rolled it to 3 more cards (0% intro) before I got it paid off... I'm such a cheap f------ bastard But... a 4.99 fixed card may be nice 4, 5, 10 years from now with interest rates are 8-9, 10 percent and I need to buy a car... or something else... It may be a good card to hold on to, not a bad fixed rate, eh?

[Craig Tucker]

It is a very good fixed rate, in fact it is cheaper than we can get a mortgage over here. So is it fixed at that indefinately.

[JohnnyCNote]

I saw this the other day on TV:

Fixed Rates Not So Stable

As money manager for her young family, Nicki Bourgeois is always bargain hunting, which is why Capital One's "no hassle" credit card ads caught her eye, with their 4.9 percent fixed rate.

But before transferring her debt, she called to make sure.

She says she was told by Capital One "that it was a fixed rate and it would not move. It would remain at that fixed rate until paid in full."

Or, as CBS News Correspondent Cynthia Bowers reports, until Capital One changed its mind. Last March, in the space of a month, the interest rate tripled to 14.9 percent.

"They said that I had made a late payment," says Bourgeois.

But there was no mention made about a late payment.

"Nope, all we have is an explanation here," says Bourgeois. "We'd broken a rule."

Minnesota's attorney general Mike Hatch says Capital One's the one breaking the rules.

[Dr. DOS]

It is a very good fixed rate, in fact it is cheaper than we can get a mortgage over here. So is it fixed at that indefinately.

I just ripped it up... really small print - "we may change your rate in accordance with the cardmember agreement you will get in the mail" -- so if its raining on a wednesday three weeks from now they can up the rate... F them .... look for another...

[JohnnyCNote]

Smart move!