One reader recently asked me how I received 0% credit cards. I currently have two credit cards for this purpose: a) Citibank Gold Mastercard and b) MBNA Mastercard. Both are limited time only 0% credit cards which means that you can basically write yourself a cash advance and deposit it in your bank account and earn interest on the money until it is time to pay back the principle. Remember, though, that there are monthly minimum payments that one would need to pay. However, because it is a 0% card, any minimum payment you make is made towards the principle. Between the two cards, I like the Citibank card a bit more because there is no balance transfer fee. With the MBNA they charge you 1% of the balance transfer amount. To me this was a minor inconvenience as I have put the money into PC Financial and am earning 4% so I still come out ahead at the end of the year. The MBNA credit card promotion is currently over, but the Citibank Gold Mastercard offer is still available. The det...
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