When my husband applied he put 20% on another cc to get the 12 month no interest deal. From what the store told us if you don't put down the 20% they charge you interest. There very generous with there cli. We paid off the purchase in 10 months thanks to no interest and within 5 weeks they gave him a $2000 cli.
They do report to all 3 cra's. For us it took 1 month for it to show on his report.
Message Edited by KV-Boo on
04-21-2008 11:17 AM