After about a two year period of getting no credit card offers in the mail, I now find myself receiving about one a week. Many from Chase. I've yet to receive what Kevin got but I'm hoping it shows up! I should have thrown them out, but instead, placed them neatly in a pile. I've just now opened them.
From Chase, 16 offers - some redundant and therefore excluded in the table - for a blue Freedom credit card in the last 9 months:
, teaser 0% APR until, after which
$100, 11/1/11, 11.99%
$100, 01/1/12, 9.99%
$100, 02/1/12, 9.99%
$150, 02/1/12, 11.99%
$150, 03/1/12, 9.99%
$200, 04/1/12, 11.99%
$150, 05/1/12, 9.99&
$150, 06/1/12, 9.99%
$200, 07/1/12, 9.99%
$250, 08/1/12, 12.99%
This is for real, and I've got to say I'm surprised at the trend.
Too bad you can't borrow money at 0% interest from the Fed and buy treasury bonds like Barack's friends.
Thanks so much for this article, quite useful piece of writing.