Opening credit cards for remodeling purchases.

[Tim Coppola]

Greetings BPers,

What is everyones thoughts on opening a rewards credit card and charging remodeling costs (about $15k) on it? I know interest rates are higher on these cards and my credit score would take a hit (as opposed to using my existing card) but does anyone have any experience doing this? Is it worth it? Has anyone does this and had it affect them later?

Thanks in advance for your replies,

Tim