Balance transfer credit cards are an excellent way for individuals with high credit card balances to lower the amount that they owe. Zero percent balance transfers gives the card holder the chance to pay down their credit card balances while enjoying a 0% introductory rate.
Before you sign up for just any balance transfer credit card, be sure to read the fine print. Know and understand the balance transfer fees, terms after the introductory period and the length of the introductory period. These are all necessary to know when selecting a balance transfer credit card. Not knowing the terms and conditions can really cost you in the end.
Over the past decade, millions of Americans have successfully used a balance transfer credit card to lower their credit card balances. At the same time, millions of Americans used their balance transfer credit cards and buried their self in large amounts of debt. If your goal is to lower your credit card debt, be sure to stick to it when you receive your credit car. Here are a couple great balance transfer credit card deals that we came across for July 28, 2010:
Grab the Discover More balance transfer credit card and enjoy an incredible 15 months of no interest and a variable interest rate as low as 11.99% after the introductory period. This card has no annual fee and offers 5% cash back bonuses on select purchases.
The Chase freedom Mastercard is currently being offered with 0% APR for 12 months and a post into rate as low as 12.99%. In addition, this card also offers cash back options and no annual fee.
Author: John Zinsky
Comments on this entry are closed.