Are there any credit cards with monthly payments, without interest?

[notme123]

Hi all,

I am used to having this kind of credit card, so that all the more expensive things I buy are done via a credit card and them I pay off in 6/12 months, without interest.

Are there such credit card offers in Switzerland ?

Thanks !

[SwissChalet]

I think living off credit is more is an American thing. Have not heard of this here.

[notme123]

Myeah, thought so. Where I am from I used to have this kind of credit card, really useful as you can split the payment for big stuff over the course of 12 months.

Thanks !

[magic_unicorn]

@notme123

I am used to having this kind of credit card, so that all the more expensive things I buy are done via a credit card and them I pay off in 6/12 months, without interest.

But then what is in it for the credit-card company? How do they make a profit?

@notme123

Myeah, thought so. Where I am from I used to have this kind of credit card, really useful as you can split the payment for big stuff over the course of 12 months.

I don’t want to get too close to you, but if you have to split a payment, you probably cannot afford the thing you are buying

[notme123]

@magic_unicorn

But then what is in it for the credit-card company? How do they make a profit?

notme123:

Well, I guess people forget to pay on time, and then they get the 20% interested per year on the amount left, calculated from the day they did the purchase.

[notme123]

@magic_unicorn

I don’t want to get too close to you, but if you have to split a payment, you probably cannot afford the thing you are buying

Well… I don’t NEED to split the payment (I am actually going to make the purchase in full), its just very good from my POV to split if you can, to not have big dents on the balance and you can invest the difference, of course…