Sentences with phrase «balance during the intro period»
A 0 % intro APR means that you can carry a balance on your credit card without being charged interest on that balance during the intro period.
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However, if you choose to carry a balance, you'll only pay interest on the new balance and not the balance you held during the intro period.
This card comes with a 15 month 0 % intro APR period — this means you pay no interest on your balance during that time.
In that case you can use credit cards with no intro APR (intro period can last up to 15 months) and pay off your balance in full during the intro period with no interest added.
There is either $ 10 or 3 % charged on balance transfers during a four month intro period; afterwards, the fee is increased to either $ 10 or 4 %.
Cardholders with more debt than can be paid off during a card's 0 % intro APR promo period may find Barclaycard Ring ™ Mastercard ® to be a solid balance - transfer contender.
However, if you choose to carry a balance, you'll only pay interest on the new balance and not the balance you held during the intro period.
Cardholders with more debt than can be paid off during a card's 0 % intro APR promo period may find Barclaycard Ring ™ Mastercard ® to be a solid balance - transfer contender.
The BankAmericard ® Credit Card offers 0 % intro balance transfer fee during the first 60 days of account opening, and you can enjoy an intro APR of 0 % for 15 billing cycles on balance transfers made during the same 60 - day period.
«Look for the longest introductory period, the lowest interest rate during that time, and a very close to average interest rate when the intro period ends,» Sherry says, adding that customers should see if they can get a balance transfer fee waiver, too.
What you might miss in the fine print is that after the period is over, any outstanding balances need to be repaid at the regular interest rate even if they were charged to the card during the intro offer.