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Can I get an interest free finance on credit card for buying a TV?

Exorcist 199 22 September 14, 2016 at 09:37 PM
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Hi all.

Is it possible to buy a tv on finance plan for 1 year if i have a credit card from a third party provider? For eg. I have a corporate (my company provided visa card) with 7000 dollars limit. But I want to buy a tv from best buy or abt on installments. Will these stores approve the TV on finance installment program or they only allow installments if you sign up for their credit card. I really want to use the credit card for installment approval however i will use my bank checking account for paying down payment or monthly loans.

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#2
you need to use their credit card to get those terms. you can use your bank to pay off the card.
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#3
That's called layaway purchase. I know Walmart does layaway in stores during the holidays. I'm not sure about BB or other stores.
http://help.walmart.com/app/answe...rt-layaway
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#4
Quote from mgamer20o0 View Post :
you need to use their credit card to get those terms. you can use your bank to pay off the card.
So I won't be able to use a third party credit card to avail the loan financing? I was under an assumption that using any valid credit card with limit I cud get a loan to buy electronics from any store.
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#5
you can use any card to pay for it but they usse their own for the 0% for 12 months or what ever.
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#6
Ok so that sounds encouraging. Have u or anyone heard if these stores treat corporate cards offered my the company u work for as a regular credit card and approve the loans for the finance for purchases under 2000 dollars.
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#7
Quote from Exorcist View Post :
So I won't be able to use a third party credit card to avail the loan financing? I was under an assumption that using any valid credit card with limit I cud get a loan to buy electronics from any store.
That's essentially what a CC is, yes - a loan to buy stuff at any store. However, you are bound by the terms of the CC you use, which usually do not give 0% interest. In order to get the 0% interest offers touted in the ads, you have to use the store's own CC, which requires an application, approval, etc.

Store CCs typically charge ~25% interest on revolving balances, and most of the "zero-interest" promos actually accrue interest starting immediately, although it is waived if the balance is paid in full before the promo expiration. If you don't pay the balance in full before the promo ends, you are responsible for all of the interest accrued since the charge was made.

ETA: if you are this concerned about getting 0% financing, I posit that indicates you cannot afford the purchase. Keep saving, or buy a less-expensive product.
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Last edited by mmathis September 15, 2016 at 12:26 PM
Marshall: Have the rest of you guys figured out by now that mmathis is the smartest guy on SlickDeals?
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#8
Been talking to a few stores, Fry's, ABT, BestBuy, none of them will provide financing on my own credit card. Not even on interest on their own terms.
But been asking me to sign up for the store's credit card.

There's a lease to own option with ABT, but the approval price is pretty low.
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#9
Quote from Exorcist View Post :
Been talking to a few stores, Fry's, ABT, BestBuy, none of them will provide financing on my own credit card. Not even on interest on their own terms.
But been asking me to sign up for the store's credit card.

There's a lease to own option with ABT, but the approval price is pretty low.
Usually when you use your own credit card their is no benefits with them why not call your bank and ask if they got something? If you want a 0 APR usually you have to use their own credit card, which I don't see anything bad, but call up your own CC provider and check if they can do something about it.
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#10
Quote from Exorcist View Post :
Been talking to a few stores, Fry's, ABT, BestBuy, none of them will provide financing on my own credit card. Not even on interest on their own terms.
But been asking me to sign up for the store's credit card.
You want to borrow money from Bank A under the terms set forth by Bank B. How do you propose this would even work? Confused Also, why are you so opposed to buying the merchandise under your own name (a store CC) instead of the corporate card?
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As the username says ...
#11
Quote from ManUpOrShutUp View Post :
You want to borrow money from Bank A under the terms set forth by Bank B. How do you propose this would even work? Confused Also, why are you so opposed to buying the merchandise under your own name (a store CC) instead of the corporate card?
This is screaming out "I want to scam the company that gave me this card".

I've never heard of a company giving out a credit card to employees for personal usage.
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#12
Quote from riotsandwars View Post :
This is screaming out "I want to scam the company that gave me this card".

I've never heard of a company giving out a credit card to employees for personal usage.
judging by his spelling and grammar, I'd almost think it was that or a stolen card.
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so i spent time making a signature. only to realize that you couldn't put an image in the signature. please enjoy the link to my signature, assuming it works.

http://imgur.com/FtBghZ2
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