Balance transfer credit cards with low or no introductory interest rates can really help you out when it comes to getting your credit card balances under control. 0 APR credit card balance transfers allow individuals to consolidate all of their credit card balances into one no interest card.
While balance transfer credit cards can be extremely beneficial to those who use one, an increasing number of people sign up for balance transfer credit cards, only to charge more on their cards. When it comes to reducing your credit card debt, you will want to avoid making this mistake.
When searching for a balance transfer credit card, you will want to keep an eye out for high balance transfer rates. Most balance transfer credit cards will charge you anywhere from 2% to 5% of your total balance when performing a transfer. Anything in excess to this should be avoided. In addition, you will want to take a look at the variable interest rate after the introductory period and avoid any rates that are extremely high.
Each day, we search the internet for great balance transfer credit card deals. Here are today’s best zero percent balance transfer credit card deals:
Here’s one from Citi Bank – The Citi Platinum Select Mastercard. With this card, you are able to perform a balance transfer and receive no interest for an incredible 12 or 18 months. The interest rate varies between 9.99% and 19.99% depending on factors such as credit and the prime interest rate. In addition, you can enjoy no annual fees, Citi’s identity theft solutions, and a $30 statement credit.
What’s in your wallet? If it is the Capital One Platinum Prestige card, you can enjoy no interest for one full year on balance transfers as well as zero interest on new purchases. This card will also give you travel accident insurance and comes with no annual fee. After the introductory period, expect to pay a variable interest rate of around 11.9%
The Discover More card gives you more when you sign up. More time to enjoy a no interest balance transfer (12 months), more cash back on select categories (5%) and more cash back period (1% on everything). This card carries no annual fee and a variable interest rate of 11.99% after the introductory period.
To find more great deals on balance transfer credit cards, perform a Google Search. Good luck with your search!
Author: Allen Dukes
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