But if you go with the Chase Slate ®, you also have the option of transferring your balance to another 0 % APR balance transfer credit
card after the promotional period runs out if you need more time to pay down your debt.
Although it's possible to close
the card after the promotional period is over, it's not recommended.
Not exact matches
Such
cards have an introductory 0 % interest rate, which increases
after a
promotional period, usually no more than 21 months.
Conversely, balance transfer
cards begin to charge interest only
after the
promotional period ends.
In the case of a balance transfer credit
card, you are not charged any interest for some
promotional period of time,
after paying a transfer fee.
After the
promotional period ends on both
cards, the interest rates will be slightly higher on the Citi ® Double Cash Credit
Card vs those on the Citi ® Diamond Preferred ®
Card.
You need to make sure you can afford a new credit
card payment each month and that the
card you choose has an affordable interest rate long
after the
promotional period has expired.
Such
cards have an introductory 0 % interest rate, which increases
after a
promotional period, usually no more than 21 months.
Many balance transfer
cards have the same interest rates as any other credit
card after the
promotional 0 % APR
period expires.
Never sign up for a
promotional offer to transfer credit
card debt without understand where your interest is headed
after the initial
period ends.
Also I'm hoping that whatever
card I get has an interest rate lower than the one on my current
card (17 %), so that it's better to leave the balance on the new
card even
after the
promotional period is done.
Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new
card after factoring in fees, length of
promotional periods and interest charges.
After the
promotional period, the
card has a relatively reasonable variable APR between 15.49 and 24.49 percent, depending on the quality of your credit.
In order to get the most benefit and savings from a balance transfer, consider the payment terms, fees, rewards and the ongoing interest rate that your
card will give you
after the
promotional period has lapsed.
The typical bonus is 50,000 Avios
after spending $ 2,000 in three months, though there is occasionally an offer for 50,000 Avios
after your first purchase and two additional 25,000 bonuses
after spending $ 10,000 in the first year.While $ 10,000 is a big minimum spend, it might be worth getting the
card during the
promotional period just to get the 50,000 points right away in case you need to use them soon.
After the
promotional period is over, you will only have to pay 13.74 % APR for your purchases, which is a very good rate in the credit
card world.