MAS proposals could help prevent debt cases like these...

[mysterion]

The bank probably bet that you will spend and continue the loan. For me 3 months are too short and a hassle. The process and opportunity cost to extract some gains from it may not be worth it.

You can try checking other banks for the same offer or similar. These 3 months can be re-rolled into another bank's 3 months and so on and so forth, so you have a longer time period to make use of this interest-free money. Great source of OPM