Should you carry a balance on zero APR cards? - The Points Guy

When you acquire a credit card with an introductory 0% annual percentage rate, you may think that carrying a balance has no drawbacks. After all, you won't be charged interest during the promotional period. What could possibly go wrong?However, it's important to note that even if your balance doesn't require you to pay interest each month during the introductory period, failing to make timely payments can still result in negative repercussions, such as the termination of your promotional offer.It is essential to carefully evaluate your options before maintaining a balance on your card. The decision to carry a balance or not during a promotional period depends on your individual circumstances, which must be considered thoroughly.Related: TPG's 10 commandments of credit card rewardsWhy carry a balance during your introductory APR period?Carrying a balance on a credit card is generally discouraged. However, there are specific situations where it can be a suitable choice. For example, if y...