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Updated almost 5 years ago on . Most recent reply

User Stats

112
Posts
29
Votes
Marisa Alvarez
  • Rental Property Investor
  • Clearwater, FL
29
Votes |
112
Posts

Corona Crisis and Business Credit Cards

Marisa Alvarez
  • Rental Property Investor
  • Clearwater, FL
Posted

I pay all my Renovarions and expenses of the Rentals with Credit Cards. I have Bank of America Business Credit Cards which now have a high balance, they are still not charging interest due to the initial 7 months at 0% interest, but interests will start next month.

I saw Citibank is offering 12 months at 0%. My thought is to get a Citibank Business Card at 0% for 12 months and making a balance tranfer from the Bank of America credit cards to the Citibank Credit Cards. ( under this crisis it makes sense )

Has anyone done something like this ? What do you think ?

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