The no annual fee sounds great, but what are thank you points? Are they like reward zone points? Anyway spending $300 dollars isn't so hard within three months and you get $100 back in the process. Also they count toward thank you points. So if I'm guessing correctly then you'll actually only spend $200 and basically get 300 thank you points plus another 100 points if you spend the $100 you get back. Not a bad deal IMO. But the 0% APR reflects directly from how good your credit is, so it's not for everyone.
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