Any of you used the "Bill me later" function of Newegg?

McRhea

Senior member
Apr 2, 2001
221
0
0
Should I say away from it? Or is it a decent way to get what you want right now and pay for it later (when you get your paycheck)?
 

mauiblue

Senior member
Aug 8, 2004
652
1
81
Interest rates are very high so if you don't pay right away it is not a great deal.
 

fredhe12

Senior member
Apr 6, 2006
613
0
71
Good if you pay within the three months, if not, then all the interest charges accrue from the date of purchase. If you know you're going to have the money, then do it, but make sure you don't spend the $ on something else ;)
 

obeseotron

Golden Member
Oct 9, 1999
1,910
0
0
Interest rates are worse than a good credit card, if you can pay in 90 days, do it, if not stay away.
 

jimmyj68

Senior member
Mar 18, 2004
573
0
0
I've used Bill Me Later for a couple of years now - especially for travel (hotels.com). The secret as everyone says is pay it off before the interest begins. You end up with "0" interest which is better than putting stuff on a credit card.
 

trexmgd

Senior member
Jan 22, 2006
213
0
0
As has been previously stated, it's ONLY a deal IF you payoff the debt before the promo period ends (I think they are running no pay, no int. for 6 mos. on $500 purchase). What you to remember is that the interest accrues from the purchase date and gets added on IN FULL (regardless of how much you've paid down the debt) at the end of the offer period if the balance isn't paid in full.

Some other things I like about the NewEgg card are some of the other promos they run (like free "rush" processing) and the fact that it seems they are much more willing to applied credits to the card balance.