The Pros and Cons of 24-Month Interest-Free Credit Cards

Con 2: Not every purchase qualifies

Paying off a purchase on a 24-month interest free credit card doesn’t always make sense. If you don’t have any other balance on your credit card, or if you have a high limit, then it may be better to carry your purchases over instead of financing them for longer than needed. You’ll end up paying more in interest charges by opting for an extended payment period, especially if you tend to make larger purchases.

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