Then $ 10 or 4 %, whichever is greater, for transfers
made after the introductory period.
Not exact matches
A good
introductory APR
period and standard variable rate
after the fact, along with no annual fee,
make up for the balance transfer fee that you will be assessed at average costs.
Not only will the bank or credit union which receives the balance transfer charge a transfer fee but they will also
make money on the balance as most consumers don't pay the balance off in full
after the
introductory period.
People who get an
introductory interest rate when they first sign up for a credit card must
make sure they know what the APR will be
after that
period.
The 0 % interest rates offers as
introductory enticements for college students are only a great deal if the interest rate
after the
introductory period passes is a rate that
makes sense.
On a $ 5,000 transfer, the 5 % balance transfer fee amounts to $ 250 verses a balance transfer fee of 3 % which amounts to $ 150, which
makes this card slightly more expensive if you decide to transfer a balance
after the $ 0
introductory balance transfer fee
period ends.
Make a budget to pay off your debt by the end of the
introductory period, because any remaining balance
after that time will be subject to a regular credit card interest rate.
Keep in mind that the 18 - month 0 % APR
introductory period applies to balance transfers
made within a set
period of time
after you open your account (check the terms to see exact dates).
To keep this from happening to you,
make sure you understand your mortgage terms and are capable of
making higher monthly payments
after the
introductory period.