Getting extra offer during 0% APR (CC) promotional period
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I had a US Bank CC with 0% APR promotional period; however, I paid off the entire balance very early (didn’t know I had this 0% APR promo) an no activities since then. I recently received an offer on this card for $25 credit if I made 4 $25 online purchases.
My question is would I have received this offer if I had not paid off my entire balance earlier long before the promotional offer would have ended?
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Probably not. I have a Toyota rewards card that I carried a balance for over a year. Never got any offers. Now that is paid of and not in use, I get offers like triple points on all purchases in May, or 6 points per purchase in restaurants and fast food establishments.
Being a 1 point is $0.01 in rewards, those points add up quickly, but only a few months a year.
But it could also be that they revamp their rewards system after I paid them off. So it’s just a guess.
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I agree! Not paying off the balance earlier than necessary is a better strategy than paying off early and expect some kind of offer that may never come.