Interestingly just yesterday I got promo checks from another credit card of mine offering a 0% promo rate (neat!) but upon inspection charges a transaction fee of 3% with a max of $50 (booo!) so going for the low rate alone would have cost me serious money. Always read the fine print folks!
This evening I opened a new Roth at Fidelity using their online form which only took a few minutes. I chose to initially fund via a bank transfer (though I will also be transfering my other Roth over), so after my account was created, I filled out their form for adding that capability to my account. I was notified that in 7-10 days I will be able to transfer money directly from my bank into my Roth. Sweet.
Here's my plan:
- Initiate online "transfer" to bank by 3/31 (I plan on 3/26)
- Transfer from bank to Roth before 4/15
- Pay at least $1500 toward loan 4/16
- Pay off loan by 5/16