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As they know most people will get the introductory rate or no interest balance transfer (well they have the 3% fee which is like interest). As they know most will not pay that off. Many will think no payments then wham, all of a sudden it is due, and they can't pay, and get hit with a whopping interest added. People need to watch out for that.
I had a few friends that did that. Then claimed they were cheated.
The interest still accumulates for if not paid off.
I use my discover card all the time when I want a small loan. 3-4%, and 12 months to pay it off. And don't ever(evereverever) go anywhere near that 12 months w/o paying it off. If you go this route, you absolutely must have the self discipline to pay it off in 6-8 months, or don't even try this method.
I really don't know if they add the interest back in or not, as I've never let it get to that point.
Credit cards are not for everyone. They must be constantly monitored as they will try little things to get cash.
Worst story is when I had a credit card charge me for 37 days worth of interest in a 30 day period, and then claim that it was OK.
This was back when I was starting my business, and I'd just put a $6,500 mower on a credit card. At this point, before I got established, I'd buy the mower in January/February, and then make large payments and pay it off in 6 months or less. This was back before credit card checks, and back when the interest on this card was 6.9%.
I had to threaten them w/ notifying the state govt office before they finally removed the entire month of interest.