We took advantage of the supposedly interest free offer we received in the mail. There was a fee of 3% for the balance transfer, which was unusually high since it had no cap, but not unheard of.
When we got our first bill, there was 21.24% interest charged on the loan fee of $360. It was on the bill as a cash advance. I thought it must be a mistake, but no, they informed me that's what they intended. And the interest started accruing from day 1 of the advance. Isn't that cute? So for $3.60/month in interest they have royally pissed me off and I will tell everyone I think might need to know about this ridiculously greedy practice. One would think that with their bad rep in the news these days, they'd realize it's counterproductive to nickel and dime their customers in this manner.
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