Bill Me Later

Question
Has anyone had any negative experience with the Bill Me Later option some airlines are offering for online purchases and if so what might they be.
Good experiences?

Answer
I tried using it then found there was a huge interest rate... in the area of 25%

Answer
America West's version is 18% (http://www.americawest.com/awa/content/travelplanning/billmelater/bmltscs.aspx). There's also no grace period, so you can't just get the bonus miles and pay it off immediately.
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