If you pay only the minimum, your debt is likely to not be paid off at the end
of the balance transfer introductory period.
Not exact matches
Receive an
introductory rate
of 0 % on purchases and
balance transfers (excluding any fees or interest posted to the account, and cash advances) for the first nine months after account opening.
Introductory offer tends to include 0 % APR on
balance transfers for an extended period
of time.
$ 0
Introductory balance transfer fee for
transfers made during the first 60 days
of account opening
Many
of the card offers you will see from the different card companies will come with an
introductory APR offer, usually 0 % on either
balance transfers or purchases for a period
of a few months to sometimes over a year.
After the
introductory periods end, a variable APR
of 16.49 % -25.24 % applies on
balance transfers and purchases, and there will be a fee
of either $ 5 or 5 %
of the amount
of each
transfer, whichever is greater.
Those looking to make a
balance transfer should pay special attention though, as there's a 0 %
introductory APR for 18 months on
balance transfers made within four months
of account opening.
Moreover, the card also comes with 12 months
of 0 %
introductory APR on both purchases and
balance transfers - one
of the few business credit cards with this feature.
MBNA offers a longer
introductory period
of 12 months and zero
introductory interest on
balance transfers.
Furthermore, there is a $ 0
Introductory balance transfer fee for
transfers made during the first 60 days
of account opening.
Balance transfer credit cards typically have an
introductory 0 % APR period
of anywhere from nine to 24 months, allowing you to pay down your debt without incurring interest for those months.
Chase Slate ® offers 15 months
of interest free
introductory financing on both new purchases and
balance transfers (a variable APR fo 16.49 % - 25.24 % applies after that), and is the only 0 % APR offer with $ 0 intro fee for
balance transfers made during the first 60 days
of account opening.
Save on interest with a low
introductory rate † (2.99 % intro fixed APR for your first eight billing cycles following the opening
of your account; variable rate thereafter) and a low
balance transfer rate † (2.99 % intro fixed APR for your first eight bill cycles following the opening
of your account for
balance transfers made within thirty days
of account opening; thereafter, a variable rate will apply).
The Chase Slate ® is one
of our favorite
balance transfer credit cards, due to the 0 %
introductory balance transfer fee on
transfers that occur within the first 60 days
of account opening.
A credit card
balance transfer may be a great idea if you believe that you can pay most or all
of the debt
balance off before the
introductory period expires.
Low interest rates, at an average
of 2.5 percent average
introductory rate for
balance transfer cards
If you do
transfer a
balance, make sure you have a plan to pay it off within the
introductory period and do not run afoul
of the issuer's policies.
Balance transfers and purchases must be completed within 60 days
of account approval to receive
introductory pricing.
**
Introductory rate of 0 % APR for 12 months from the date of your first transaction on purchases and an introductory rate of 0 % APR for 12 months from the date of your first balan
Introductory rate
of 0 % APR for 12 months from the date
of your first transaction on purchases and an
introductory rate of 0 % APR for 12 months from the date of your first balan
introductory rate
of 0 % APR for 12 months from the date
of your first
balance transfer.
The problem here is that many
of the cards that offer rewards programs and
introductory balance transfer rates don't offer an
introductory rate on purchases.
«
Balance transfers are a smart financial choice for many consumers, provided they read the agreement's fine print and are able to pay down their
balances before the low
introductory rate offers expire,» says Charles Tran, founder
of CreditDonkey.
The Bank
of america credit card offers a 0 %
introductory period on purchases and
balance transfers made in the first 60 days for 12 billing periods.
The Blue Cash Everyday ® Card from American Express has a 15 month 0 %
introductory APR offer on purchases and
balance transfers (after which it will be 14.49 % -25.49 % Variable)- making it one
of the better
balance transfer credit cards the company offers.
For
balance transfers, you have 45 days from the time your account opens to post them to your account and take advantage
of the 0 %
introductory APR for 12 months.
$ 0
introductory balance transfer fee on
transfers made within the initial 60 days
of opening an account.
APR: 0 %
Introductory APR on purchases and
balance transfers expires after 15 months then rises to a variable rate
of 14.24 %, 19.24 %, or 23.24 %
Citi ® is currently offering credit cards with some
of the longest 0 %
introductory rates for both
balance transfers and purchases.
Comparable to some
of the lower end cards on our list with respect to length
of the 0 % APR
introductory rate, the Blue Cash Everyday Card from American Express is strong on cash back rewards at supermarkets and gas stations but offers only average
balance transfer capabilities.
Barclaycard's MasterCard offers great cash back rewards and an easy to earn sign up bonus, but its
balance transfer advantages are pretty standard with an average
introductory APR period and
balance transfer fee commensurate with many
of the other cards on our list.
APR: 0 %
introductory APR for 15 months and that includes both purchases and
balance transfers, then raises to a variable rate
of 10.49 % to 21.49 % with eligible credit scores.
APR: 0 %
Introductory APR on purchases and
balance transfers for 18 months on
transfers made within the first 60 days from when you open the account, then the rate increases to a variable 11.24 % -21.24 % based on the status
of your credit score.
The card provides a 0 %
introductory APR for the first 12 statement closing dates on both purchases, and
balance transfers made within 60 days
of opening one's account.
APR: 0 %
introductory APR for 15 months on purchases and
balance transfers, then it rises to a variable rate
of 15.40 % to 25.24 %.
0 %
introductory APR for the first 15 billing cycles following each
balance transfer that posts to your account within 45 days
of account opening.
The Chase Slate ® is one
of our favorite
balance transfer credit cards, due to the 0 %
introductory balance transfer fee on
transfers that occur within the first 60 days
of account opening.
A 0 %
introductory APR period
of 15 months, $ 0
introductory transfer fee, and $ 0 annual fee make this card the best
of the bunch when it comes to
balance transfers, specifically high
balances.
The only interesting aspect
of the APRs for this credit card is the
introductory rate on
balance transfers.
If you're already starting to get in trouble with a credit card
balance, try getting the best
balance transfer card possible — you can get somewhere in the ballpark
of a 3 % rate over 2 years, providing some breathing room, with the right
introductory 0 % APR deal.
By making a
balance transfer through a credit card with a 0 %
introductory rate to pay taxes, the tax payment is deferred for the duration
of the
introductory APR..
The Blue Cash Everyday ® Card from American Express has a 15 month 0 %
introductory APR offer on purchases and
balance transfers (after which it will be 14.49 % -25.49 % Variable)- making it one
of the better
balance transfer credit cards the company offers.
What makes the Chase Slate ® credit card useful for
balance transfers is that it comes with a $ 0
balance transfer fee bonus for the first 60 days as well as a 0 %
introductory APR for an extended period
of time on all
balance transfers and purchases.
The Bank Americard Cash Rewards ™ Credit Card starts out with a twelve - month
introductory APR
of 0 % for both
balance transfers and regular purchases.
Although there are many types
of balance transfer credit cards out there, very few
of them offer both a 0 %
introductory APR and $ 0
balance transfers.
Many
of the card offers you will see from the different card companies will come with an
introductory APR offer, usually 0 % on either
balance transfers or purchases for a period
of a few months to sometimes over a year.
The Cash + Credit Card comes with an
introductory balance transfer APR flat rate
of 0 %, but after twelve months, this rate increases to some value between 13.24 % and 23.24 %.
During an
introductory period
of sixty days, there are $ 0 in
balance transfer fees; afterwards, the rate reverts to the standard $ 5 or 5 % (whichever value is greater).
xlsx version only): I have added an optional 0 %
Introductory Period so that you can simulate paying off a card or doing a
balance transfer to a card offering 0 % interest for a number
of months.
Balance transfers only make sense if you are able to pay off the balance during the introductory period, or at the very least, you are able to take advantage of the 0 % interest to substantially pay down th
Balance transfers only make sense if you are able to pay off the
balance during the introductory period, or at the very least, you are able to take advantage of the 0 % interest to substantially pay down th
balance during the
introductory period, or at the very least, you are able to take advantage
of the 0 % interest to substantially pay down the debt.
While it is always a best practice to pay your credit card off in full each month, if you do get stuck in a pinch some travel credit cards offer 0 %
introductory APR on
balance transfers to qualifying cardholders for a set period
of time.
After the
introductory APR period ends, the Standard Variable Purchase APR
of 14.49 % — 23.49 % applies to both your purchases and
balance transfers.