A great card for BB&T bank customers, the BB&T Bright card ranks high on our list of balance transfer cards thanks to its ultralow APR and lengthy 15 - month interest -
free balance transfer promotion.
(It would rarely make sense to transfer a balance to a card you already have; it's usually more beneficial to apply with an entirely new card to take advantage
of balance transfer promotions.)
With its aggressive ad campaign and zealously
executed balance transfer promotions, Capital One has gradually grown its wallet share among many consumers from credit builders to premium credit users as well as cash reward hounds.
Some people
game balance transfer promotions by moving their debt from one card to another at the end of an intro rate, effectively keeping the 0 % promo going for higher debts.
Lots of credit card issuers want your business, and periodically
run balance transfer promotions that let you consolidate your balances onto one card that carries a super-low rate for a fixed period of time — sometimes as low as 0 %, with no balance transfer fee.
A good value for cardholders who need to transfer a balance, but don't want to give up earning new rewards, the Discover it 18 - month balance transfer card pairs a
generous balance transfer promotion with a solid first year bonus.
With the Citi ® Double Cash Card — 18 month BT offer, you'll also get free access to your FICO score, a $ 0 annual fee and a
solid balance transfer promotion: 0 % on Balance Transfers for 18 months, and then the ongoing APR of 14.99 % - 24.99 % Variable APR..
A great card for BB&T bank customers, the BB&T Bright card ranks high on our list of balance transfer cards thanks to its ultralow APR and lengthy 15 - month interest -
free balance transfer promotion.
(It would rarely make sense to transfer a balance to a card you already have; it's usually more beneficial to apply with an entirely new card to take advantage
of balance transfer promotions.)
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.
You can take advantage of 0 % APR and 0 %
Balance transfer promotions but you need to make sure to meet the necessary requirements and don't exceed the promotional period.
One calculator said that if all those conditions were applied to a card owner who owed $ 10,000 and was paying that national average of 14.9 percent interest, it would save the owner $ 2.250 over the length of
the balance transfer promotion.
Some credit cards have
a balance transfer promotion where this fee is waived if you make the transfer within a certain time from account opening.
If you can find a zero -
balance transfer promotion that waives part or all of the fee, jump all over it.
Balance transfer promotions use to retroactively apply all interest if the balance wasn't paid in full by the time the promotion ended.
In addition to
the balance transfer promotion, this card comes with a few other extras.
Chase Sapphire Preferred does not have
a balance transfer promotion.
Sometimes
the balance transfer promotion will include an opportunity to transfer debts that aren't on credit cards, such as a medical bill.
Transfer all high - interest credit card balances to a new card that offers a 0 %
balance transfer promotion (or similarly low rate like.99 %).
The 0 % APR and 0 %
balance transfer promotions are great!
(It would rarely make sense to transfer a balance to a card you already have; it's usually more beneficial to apply with an entirely new card to take advantage of
balance transfer promotions.)
Chase Sapphire Preferred does not have
a balance transfer promotion.
If you decide to take advantage of
a balance transfer promotion, the CFPB recommends you follow these tips: