Am I understanding it correctly?

I just received an email from Chase offering "0% APR on balance transfers through your billing cycle that ends in July 2027".

I just want to clarify, so if I transfer a balance from another card to this Chase card, I can just make minimum payments until July 2027 without paying interest on the transferred balance, correct?

For reference, I do have the money to pay all my cards in full but if I understand this correctly, I can technically put that allotted cash on a HYSA/CD to earn some interest until I have to pay the transferred balance in full next year? If so, Is this an ideal thing to do?