I was just recently approved for a Newegg Credit Card. Is the card good or bad? Anything I should watch out for? Any time limit for not using it before they close it?
I'm planning only to use in emergencies if my computer should fail for example.
Does anyone know how long a Newegg card stay inactive before the creditor closes it?
@Sasha123 You should try and apply for one. It's easy.
@Anonymous wrote:im supposed to be gardening.... ill put it on my list for 6 months from now! lol
Proud of you
http://promotions.newegg.com/nepro/16-6891/index.html
It's a pretty standard Synchrony store card with 6/12 mo no interest depending on order size and longer offers for some items. You should be fine going 6-12 months with no activity (activity could be a payment, not just a charge). As for things to watch out for, as with all zero interest promos watch out for the promo expiration dates and make sure you pay them off prior to the ending date! The card has a 29.99% APR and that is retroactive. If you buy something for $1300 and pay $100 a month on a 12-month promo, you would be hit with $390 in back-interest on the $100 balance you had left on the 13th month. Pay it off by the 12th month and you really do get no interest. Fortunately Synchrony makes this VERY clear!
It's a pretty standard Synchrony store card with 6/12 mo no interest depending on order size and longer offers for some items. You should be fine going 6-12 months with no activity (activity could be a payment, not just a charge). As for things to watch out for, as with all zero interest promos watch out for the promo expiration dates and make sure you pay them off prior to the ending date! The card has a 29.99% APR and that is retroactive. If you buy something for $1300 and pay $100 a month on a 12-month promo, you would be hit with $390 in back-interest on the $100 balance you had left on the 13th month. Pay it off by the 12th month and you really do get no interest. Fortunately Synchrony makes this VERY clear!
