I’m A Credit Card Whore

I know you’re going to think that I’m out of my damn mind, but I think the credit card companies love me. So my credit card with the high balance is currently at 0% which is set to expire on April 14, 2009. That would have been 18 lovely months of no interest. Since I opened the card just to transfer my balance to take advantage of that interest rate, they’re only made the $50 balance transfer fee off me. That is about a third of the interest that I would have paid on my original balance in one month had I left the balance on my old card.

So I’ve got 2 months before they start earning interest on my balance. In 16 months I managed to knock $2,500 off that debt so I can’t complain…or can I? I hate Citibank but they just sent me a sweet offer in the mail for a new card with yes, you guessed it, 0% on balance transfers for 12 months. Balance transfer fee would max at 3% of the balance. I am seriously considering it but I wouldn’t apply for 2 months and I would also try to negotiate the transfer fee. I’m not loyal. I’ll admit it. You can even call me a credit card whore, but I don’t care. My FICO is over 720 so I can take the temporary hit in my score.

So maybe I’ll take Citibank up on their offer…unless a sexier card comes along.