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.
They have a 0 % introductory APR
on balance transfers made within the initial 45 days of opening the account for a period of one full year.
And the «normal» interest rate
on a balance transfer card tends to be higher than the «normal» interest rate on any other credit card.
This card, outside of offering a promotional 0 % intro APR
on balances transferred with 30 days of account opening, also gives users rewards points for every dollar they spend.
The zero percent rate
on balance transfer only applies towards balances transferred within 30 days from account opening.
This can prove to be in your favor if you do some good groundwork and find the credit cards that offer the best
deals on balance transfers.
We will begin charging interest
on balance transfers as of the later of the transaction date or the first day of the billing period in which he transfer posts to your account.
Even if you are armed with a high enough credit score to qualify for the best offers, in some cases, there may be a cap
on the balance transfer amount.
You can also receive an additional bonus of up to 15,000
points on balance transfers at an earning rate of one point per dollar with a three percent fee.
Before
deciding on balance transfer cards, remember that the best credit card to consolidate debt is transparent and offers reasonable interest rates in relation to your credit score.
Unlike regular purchases, which come with a grace period, interest
on balance transfers starts to accrue the day you complete the transaction.