Originally Posted By: Sayjac
Quote:
.....It's almost enough to make you not get the card just on principle despite the 60 dollar savings...
The key is "you" being you, not me. As I said, completely irrelevant to me what the interest rate is as no intention to ever use it. And if principle more important than savings, sounds like that would be like cutting off your nose to spite your face imo.
Pay it off all at once if you chose. But as noted, simple set up of auto payment makes using Synchrony Finance money for six months or more depending on purchase amount, ez as pie. I like using other folks money for free. So really that considered, more than the $60 rebate.
Bottom line, not enough to make you not use it. And, you can always cut the card up after the purchase paid for just on principle.
I've used the DT card promo for two DT Cooper tire purchases in addition Cooper rebate in the last year and half. Nice to get the extra six months to pay both times in addition to card promo rebate.
Everything you say is true enough. Paying it off all at once isn't a hardship for me, and with current interest and investment returns, additional savings by spreading out the payments is minimal and iffy. I'll definitely keep the card and I'm sure I will use it for additional purchases like this one. I just hate to see anyone ever charged such exorbitant rates, even if they do agree to that upfront. I guess most store credit cards are like this, they are easy to qualify for, and are targeted at people with poor credit, thus the predatory rate. If you handle it smartly, either your way or mine, they are a great deal.