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Rooms start at limited introductory rates from 309 euros, about $393 at $1.30 to the euro.
"The millionaires have stocks and bonds, and they're chasing with their safety money," said Nick Ferris, a 24-year-old software engineer from Rockville, Md., who readily acknowledges that he is one of the more aggressive rate chasers, having borrowed money at 0percentt introductory rates from six credit cards.
DEETS: Introductory rates from $374.
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Lots of cards offer introductory rates for six months.
Throughout this month, the introductory rates will range from $189 to $249, plus tax and tips.
The current introductory rate for one year is $38.
The airline is also offering introductory rates, which start at $425 each way from cities like Boston, New York, and Washington for travel before May 28 and concluding by May 31 (tickets must be purchased by Dec. 2).
Although the base rate hasn't budged since last March, introductory rates on savings have crept up slightly, from an average of 0.9% in January last year to 1.18% in January 2010.
Many lenders still offer ARMs with introductory rates as low as 7.5% and with caps that prevent them from rising more than five percentage points over the life of the loan.
Michelle Slade of comparison site Moneyfacts.co.uk says: "Without the money they make from this tactic the already dwindling number of 0 per cent introductory rates or balance-transfer deals may no longer work for the lenders".
Only an estimated 250,000 borrowers, at best, are likely to benefit from the plan's main relief measure — a five-year freeze on certain adjustable loans' introductory rates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com