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.
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.