Anyone got the camera?

I am trying to decipher what the effect would be if I just pay the minimum balance on this card for a few months. If I understand correctly, the APR until the end of the billing period in December 2008 is 0%. However, apparently there would be a finance charge of $0.50 per billing period. So that seems to be the total cost of borrowing the money and carrying the balance from one period to the next (assuming that minimum payments are made on time).

Does that look correct? I'm wondering if there are some other costs that I haven't spotted.

100Clams said:I am trying to decipher what the effect would be if I just pay the minimum balance on this card for a few months. If I understand correctly, the APR until the end of the billing period in December 2008 is 0%. However, apparently there would be a finance charge of $0.50 per billing period. So that seems to be the total cost of borrowing the money and carrying the balance from one period to the next (assuming that minimum payments are made on time).

Does that look correct? I'm wondering if there are some other costs that I haven't spotted.

You won't even be charged the 50-cents. That is only if your finance charged figured on your outstanding balance at 10.99% is less than 50-cents, you will be charged 50-cents.
Until 12.31.08, you won't be charged anything, as long as you pay off your balance by your billing period ending 12/2008.

Actually, they do not offer a $10 balance credit for spending $100 within first 28 days.

The exact offer is $10 rewards credit for the above purchases. But the minimum rewards check you can request is $20. So this offer is basically useless for those of us who just want the camera and plan on cancelling the card immediately afterwards!

Says that you can only apply for a Discover card once every 30 days.

I would assume that if these deals continue we could sign up for a new discover card every 30-days.
Discover CANCELS any previous Discover cards you have when you apply.

I got a letter saying my old discover card ending in 5505 is now cancelled
and the account close.

Thats $1500+ /annually selling the stuff every month.

Advertisement said:ANightShopper said:Where do you get a GPS deal from? The camera still pops up on the OP's link to me.

It's a new link in this thread. Thank you for the link, seems a good deal to me, but why it doen't have any green bar as an approval before I pul the trigger?

nrohilla said:Do you need to do anything other than activating the card and make a purchase?

Will they automatically send the camera to you or do you need to contact them (email/phone) telling that you have activated the card?

Thanks in advance.Press releaseSorry, no, you won't get one, you have to have the added ability to read the rules and regs

Now a Flip Camcorder $150 value
First the deal was a camera, then a gps.. and now a Camcorder.
Looks like I will be applying for a new Discover Card every 31-days.

Today I received an email saying that my camera was shipped with DHL.

My first purchase on the card was on 05/21/08.