Visa's "free" laptop costs at least $60 more than retail in fees: "Cory Doctorow:Thinking of getting one of those Visa cards that gives you a 'free' laptop? Think again: Visa will charge you at least $911.95 in fees for that $850 laptop (and maybe much more!).

Your total fees each month (assuming you maintain this minimum balance) would be $49.97. So over the next 17 month youll pay $849.50, plus the original month fee of $62.45 so the total youll pay for the computer is:

$911.95

So the $850 computer ends up costing you over $900. Not quite as good of deal as it originally sounded. In addition the rates are variable (they are based on prime rate) and right now they are probably at the lowest they will ever be. It is very likely that the $850 computer will end up costing well over $1,000 by the end.Link(via Digg)"

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