Saturday, October 31, 2009

So i need to buy a ticket but the thing is I want to use a credit card.?

Ok so i need to buy a plane ticket but having just paid for school im a little low on funds. Then i saw this offer on american airlines



http://www.aa.com/apps/netSAAver/ViewPro...



Basically its no intrest, no payments for 6 months on tickets bought on AA. Reading the fine print it says it accures all intrest at the end of the promotional period.



But I know I%26#039;ll be able to pay it off by the end of november so I%26#039;ll be safe. Im just asking if i buy a 700 dollar plane ticket and I pay the 700 a month later then I wont have any intrest correct?



So i need to buy a ticket but the thing is I want to use a credit card.?annual credit report





Check to make sure there is no annual fee %26#039;cause most airlines credit cards have annual fee approximately $90 a year. They do give out mileage but read careful before apply for it.



Even they say you have no interest for 6 months. You still need to pay every month to get that rate. When you missed a month or late, the default rate is very high. If you want to be saved, divide the amount for 6 months and make the payment ($116.00) a month and by the time the promo runs out. You%26#039;ll pay off the entire the balance without paying additional interest.



You can pay off within billing cycle, there is no interest. For instance if your closing date is Oct 30 and your due day is Nov 20, you must pay off by the due date so avoid interest. Since you have 6 months to pay without interest, you can divide that amount in 6 months as I suggested, you still be able to avoid paying interest. (YOU MUST PAY IT MONTHLY)



Airlines credit cards manage by bank. It could be BOA or Citibank. I%26#039;m sure Citibank manages AA.



So i need to buy a ticket but the thing is I want to use a credit card.?

loan



Yeah... that is correct. If you pay if off before the intro period then you won%26#039;t have any interest.|||Nope what that means is that they delay the interest charges until the end of promotional period then then add all back interest accrued to the account.|||The rate interest would be from your credit provider, not from American airlines, but still you have to pay interest

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