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.
Not exact matches
The
balance transfer functionality is a nice cherry on top, in
case you want to get rid
of any old
credit card debts from other issuers.
In
case the list
of no
balance transfer fee
credit cards above doesn't suit your needs, here are a few more options worth considering.
In most
cases, people will apply for a
balance transfer credit card with the intention
of relieving other
credit card debts.
Making a
Credit Card Balance Transfer can be really cost effective and in some
cases can save you hundreds
of pounds.
Sometimes this is a fixed low rate, but more often, especially in the
case of credit card balance transfers, you will receive a low rate for a limited period
of time.
Even if you have a decent
credit score (> 680), there are a bunch
of credit card companies offering 0 % interest rates on
balance transfers for 12 months (or longer terms in some
cases)
A sampling
of 29
credit card offers sent by mail to CreditCards.com employees found that, in most
cases, the
balance transfer rates and the length
of promotional offers were better than terms posted online for the same
cards.
In many
cases,
credit cards may charge either three or 5 percent on a
balance transfer balance, but they also may charge a flat rate
of either $ 5 or $ 10.
Many
of the top
credit cards available today offer 0 % for an introductory period on
balance transfers or purchases — or, in some
cases, both.
A sampling
of 29
credit card offers sent by mail to CreditCards.com employees found that, in most
cases, the
balance transfer rates and the length
of promotional offers were better than terms posted online for the same
cards.