All Entries Tagged With: "credit card balance transfers"
Fool Card Providers – Make Money from Balance Transfers
If you are smart enough, you would have used this method numerous times to make money. If you haven’t tried earning through balance transfers, here is how to do it.
Basic Rule: Get loan at a lower interest rate and earn money at high rate till the offer lasts.
Rule 1: Find sources of low interest loans
First, you need to find sources to avail money at lower interest rates. One of the best ways is to get a zero percent balance transfer credit card. And why do banks give you this opportunity? It’s because they are pretty sure you wouldn’t pay back on time.
Rule 2: Find High Interest Paying Sources
Money you borrow using 0% balance transfer cards must be invested in high interest paying investments. Some of the options are:
High interest paying online savings A/c’s. They don’t [...]



