At the end of this article, you'll find the 3 current American Express
balance transfer credit card promotions for May 2018.
Not exact matches
Transferring your
credit card balances to a
card with a low interest rate or a 0 % interest
promotion could be a good idea if you're trying to consolidate debt and avoid wasting money on interest.
Some
credit card companies offer special introductory interest rates to incentivize you to sign up for their
credit card, or use a
balance transfer promotion.
We looked through hundreds of
credit card contracts to find
cards that don't charge any fees for
transferring a
balance, or ones that offer a special
promotion that waives the fee.
The best way to consolidate your debts with a
balance transfer card is by looking for
credit cards with
promotion interest rates.
If you can commit to a certain repayment budget, you can look into getting a new
credit card with a 0 % APR for
balance transfers promotion.
Plus, many
credit card companies offer special
promotions for new cardholders, such as no
balance transfer fees for the first year.
Though
balance transfer promotions are getting longer,
credit cards companies are also upping the fees, from 3 - 5 % of the
balance transfer amount.
Many
credit card companies run promotions such as 0 % Balance Transfers and Cash Back Credit Cards as an incentive to choose their card over other prov
credit card companies run
promotions such as 0 %
Balance Transfers and Cash Back
Credit Cards as an incentive to choose their card over other prov
Credit Cards as an incentive to choose their
card over other providers.
I have a huge
credit card debts because I take advantage of low
balance transfer promotion rate and invest in high quality dividend stocks.
However, the Wells Fargo Cash Wise Visa ®
Card also extends that
promotion to
balance transfers, which means you can use it to pay down any existing debt you may have on your
credit cards.
A
balance transfer is a great way to get a break on interest, especially since so many
credit cards offer 0 % APR
promotions.
My
credit union is offering a
credit card promotion, 2 % cash back on
balance transfers No
balance transfer / cash advance fees I currently have ~ $ 13k in savings / CDs earning 1 % -1.1 %.
If you can pay off your
credit card debt within 15 months, the Chase Slate is a better deal since it has an introductory no
balance transfer fee
promotion (see Chase Slate vs Citi Simplicity).
Sometimes the
balance transfer promotion will include an opportunity to
transfer debts that aren't on
credit cards, such as a medical bill.
If you currently have
balances, I would suggest you look for
credit card issuers that offer
balance transfer promotions like 0 % interest for the first year.
Transfer all high - interest credit card balances to a new card that offers a 0 % balance transfer promotion (or similarly low rate lik
Transfer all high - interest
credit card balances to a new
card that offers a 0 %
balance transfer promotion (or similarly low rate lik
transfer promotion (or similarly low rate like.99 %).
When we found a
credit card and
promotion that suited us, we calculated the cost of a
balance transfer to that
card.
The new Discover «it» Chrome
credit card features the same
card terms as the original Discover «it»
card, including an APR range of 10.99 percent to 22.99 percent and a 14 - month interest - free
promotion on
balance transfers and purchases.
For cardholders with the best
credit scores, the SunTrust Cash Back
card is a great choice for
transferring a
balance: It offers a low minimum interest rate, modest
balance transfer fee and lengthy interest - free
promotion; however, cardholders with lower scores could get stuck with a much higher standard interest rate.
Meanwhile, Navy Federal
Credit Union reintroduced an introductory balance transfer promotion to its stable of credit cards, including the Cash Rewards Visa and the Platinum Maste
Credit Union reintroduced an introductory
balance transfer promotion to its stable of
credit cards, including the Cash Rewards Visa and the Platinum Maste
credit cards, including the Cash Rewards Visa and the Platinum MasterCard.
0 - percent offers dominate Consumers looking for a new
balance transfer - friendly
credit card will see a common theme among the
promotions currently advertised by major
card issuers: 0 percent APR for about a year.
The four
cards from this year's survey that don't give new cardholders a 0 - percent
balance transfer rate
promotion still offer lower - than - normal
balance transfer APRs ranging from 4.99 - 13.90 percent, which are still lower than the average
credit card interest rate of 14.89 percent.
We analyzed over 1,000
credit cards with a
balance transfer promotion to get to our top picks.
Most
credit card companies allow you to
transfer part or all of a
card's
balance to a new account, and many actually offer special
promotions with low or zero introductory interest rates on
transferred balances.