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Tuesday, November 14, 2006

How To Make An Extra $3,000 A Year With Your Credit Card

When you get those 0% interest free checks in your credit card statements, don't toss them. Deposit them in a high yield, FDIC insured no minimum money market account like the ones offered at www.CapitalOne.Com These types of accounts pay 5% interest per month. If you deposit $50,000 in 0% interest free checks, you could make up to $3,000 in interest in one year. Just make sure you withdraw enough money to make the minimum re-payments, and repay the loans in full at the end of the six month grace period. You also select certain cards for transfers only with no spending and make sure you never pay a transfer fee more than $75.

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