I have the red card and have used it a few times, my yg love, and my ballon bleu. 12 months no interest as long as you make the mininum payment they set out or it is retroactive with all interest owing. I always take the balance divide by 12 so the card is paid off before the due date and throw on a couple extra payments. I felt bad when I got the card because I know you shouldn't put a want like this on credit. Honestly though, i am glad I did it. I paid 4500 for my love and I beat a few price increases. Paid it off early with no interest as I am careful to do so. This is how the card is set up in Canada anyways. I bought my bracelet in December 2010 I believe.
How do you get a red card??Does your amount get approved depends on your credit score??