would this work?

daven1986 · 8 Aug 2006 at 17:40

hi guys, a little idea i had. how about getting a 0% interest credit card, maxing it out, and putting the money in a high interest account then when you have to start paying the card back just remove the money from your high interet account, minus the interest and voila.

or am i just dreaming

daven

daven1986 · 8 Aug 2006 at 17:53

heh and now if you get many cards........

i might give it a go!!

although do you have to buy stuff to qualify for 0%? if so could you transfer the funds via paypal to count as a purchase?

daven

daven1986 · 8 Aug 2006 at 18:10

bah, maybe i'll think this through again. how about doing it with an overdraft.....

daven1986 · 8 Aug 2006 at 18:47

thanks for the info, i reckon i'll have to think a bit harder about it though.

with buying shares they are a bit more risky than using a high interest account as you could lose money.