Let me say that I love 0% interest credit cards....
Got my MBA this past Fall because of it, along with my better half at the same time. They got to payoff their MBA purchase a couple weeks ago because of direct deposit of their returns - I choose the check method, so I had to wait.
In the mean time they were thinking of the iPad 2; but was told by Barclay that my partner had no choice other than doing a balance transfer. He was not aware that there is a fee to do that. In the mean time I get an offer for 0% till the end of May! They called Barclay last night; and was told that this offer was "selected" at random" - right!
In the end, I look at Barclay giving me the offer since I have balances out there with them and a couple other accounts. Lucky for me I manage my debt well, or so I think....
Fast forward to Apple using Wells Fargo for "solo" retail accounts. We use them in my shop for 6 months interest free. For any purchase! Also scored one from Micro Center for my iPad 2.
In the end I and my customers are able to buy much more from retailers that we use. How the consumer manages their finances are their own.
I doubt that I will take advantage of the 0% offer for Apple gear from Barclay. Want to wait till the updates on the iMac and Mac mini.
To the end it does not matter to Apple. They get the sale... But having 0% interest buying at any time at the Apple Store helps them in the end... sort of how my store's competitors have the edge with 12+ month interest financing...
Got my MBA this past Fall because of it, along with my better half at the same time. They got to payoff their MBA purchase a couple weeks ago because of direct deposit of their returns - I choose the check method, so I had to wait.
In the mean time they were thinking of the iPad 2; but was told by Barclay that my partner had no choice other than doing a balance transfer. He was not aware that there is a fee to do that. In the mean time I get an offer for 0% till the end of May! They called Barclay last night; and was told that this offer was "selected" at random" - right!
In the end, I look at Barclay giving me the offer since I have balances out there with them and a couple other accounts. Lucky for me I manage my debt well, or so I think....
Fast forward to Apple using Wells Fargo for "solo" retail accounts. We use them in my shop for 6 months interest free. For any purchase! Also scored one from Micro Center for my iPad 2.
In the end I and my customers are able to buy much more from retailers that we use. How the consumer manages their finances are their own.
I doubt that I will take advantage of the 0% offer for Apple gear from Barclay. Want to wait till the updates on the iMac and Mac mini.
To the end it does not matter to Apple. They get the sale... But having 0% interest buying at any time at the Apple Store helps them in the end... sort of how my store's competitors have the edge with 12+ month interest financing...
