MSN Money recently wrote a new article titled 0% daredevils chase ‘free’ cash discussing the practice of borrowing cheap money from credit cards offering 0% APR interest and no fees, putting that money into an online savings account at 5-6%, and pocketing the difference as profit!
Now, I may be a tiny bit biased, but I think my series of step-by-step posts on how to make money with 0% APR balance transfers is a better. (I suspect she might have even read it before writing her article!) I even put my warnings in the very first post.
By Jonathan Ping | Credit Cards | 5/27/07, 9:55am