Buy Macbook with Creditcard

[Anonymous]

I just got my American Express BCE card. It gives you a 0% APR for 15 months. I think it's a perfect opportunity to use this to buy a laptop for college. I'm majoring in Computer Engineering. 

I plan to pay 150 each month

I'm think between the Macbook pro 13" $1399.00 or Macbook Pro 15" $1899.00

My Amax BCE $2000

Is this a good idea or dumb?

[icyhot]

Is this your only credit card? If so your utilization will be dinged for a while

[Anonymous]

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@icyhot wrote:
Is this your only credit card? If so your utilization will be dinged for a while

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I have capital one with $1300 and I just got approved for Discover card but don't know the CL

[icyhot]

Well if you have a 0% and plan to pay it off before it's over, I think it's a good idea

[-Cain-]

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@Anonymous wrote:

I just got my American Express BCE card. It gives you a 0% APR for 15 months. I think it's a perfect opportunity to use this to buy a laptop for college. I'm majoring in Computer Engineering. 

I plan to pay 150 each month

I'm think between the Macbook pro 13" $1399.00 or Macbook Pro 15" $1899.00

My Amax BCE $2000

Is this a good idea or dumb?

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If you don't plan on applying for anything else soon, go for it. Just don't charge more to that card until paid off.

[Anonymous]

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@Anonymous wrote:

I just got my American Express BCE card. It gives you a 0% APR for 15 months. I think it's a perfect opportunity to use this to buy a laptop for college. I'm majoring in Computer Engineering. 

I plan to pay 150 each month

I'm think between the Macbook pro 13" $1399.00 or Macbook Pro 15" $1899.00

My Amax BCE $2000

Is this a good idea or dumb?

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If you're not planning to get 3x CLI in the future it is fine to do that, but if I were you I won't do it. I have Amex BCE too, I started $2k limit and use it, never had a balance every month, I did 61 days 3x CLI and went to $6k, same thing I use the card for expensive purchase but never had a balance every month, now I did 181 days 3x CLI went to $18k limit, now I'm going to use that 0% APR until March 2016 because I already got the limit I want from them.

[Anonymous]

I did the same thing. I have a balance but still plan on doing a 3x CLI without issues I hope.

It's currently at $1250k out of $7.5k. Making another $250 payment this week.

I made the Mac purchase June 28th

[AAstra]

I would say go for it given that you have two other cards so your utilization won't be completely ruined. Just try to pay off the laptop balance quickly.

[Anonymous]

I bought mine on my Slate a few months ago and slowly paying it off. It's not a bad idea if you can pay it off but like others have said your utilization will be hurting for a while. 

[OmarGB9]

As long as you make those payments on time and don't charge up anything else on that card for a while, you should be okay. Your scores may drop a bit due to utilization going up, but once you pay down your balance, your scores will recover.