Nearly all credit cards with these 0 % APR promotional offers
require balance transfer fees of 3 % or even 5 %.
Not exact matches
A
balance transfer to one of the many credit cards with 0 % interest would
require a one - time $ 250
fee.
This moves the
balance from the original card to another card, and typically
requires a
fee of around 3 % -5 % of the total
balance transfer amount.
Because most cards usually
require a small
balance fee — often around 3 percent — cardholders can take advantage of an offer like this and use the new purchase financing without having to pay the
balance transfer fee.
Often, cards
require you to make the
transfer within a set amount of time to get the
balance transfer fee waived.
Hi Steve, the
balance transfer offers actually say the promotional rate may end if the account is closed for any reason, and the cardmember agreement says they may
require repayment of the full outstanding
balance by a specified date if the account is closed, so it doesn't matter, I just opened a new credit card account at another bank and I am now prepared to refinance the Chase
balance with another bank if Chase raises my rate, insists on charging its
fee, increases my minimum payment, or closes my account and demands immediate repayment.
Many
balance transfer cards
require you to pay a
fee for each new debt that you
transfer over to the card.
You're typically
required to pay a one - time
fee to
transfer your
balance with these cards, often a percentage of the amount you're
transferring to the new card.
Also, note that these services are not free; both debt consolidation loans and
balance transfers require an origination
fee — usually between one and five percent of the loan total.
The 0 % introductory APR on
balance transfers requires a 3 %
balance transfer fee ($ 5 minimum), which is currently the lowest
fee available from a major credit card issuers, making this card best for taking advantage of a
balance transfer opportunity.
Credit cards with no
balance -
transfer fee often
require that you request a
transfer within a specified time from account opening (60 days, for example), and will charge a standard transaction
fee outside of that window.
There's no minimum
balance required to open it and no monthly
fees; it has free bill pay and online banking, free checks, debit card and unlimited check writing privileges, free fund
transfers and «around the clock» customer service.
Often, cards
require you to make the
transfer within a set amount of time to get the
balance transfer fee waived.
Before you can submit your application, Chase
requires for you to review the E-Sign Disclosure and Pricing & Terms information that list the current APR, annual
fee, and any additional
fees you might encounter if you make a partial payment,
transfer a
balance, or request a cash advance.
Until the
balance transfer has gone through both the initial card issuer and the new issuer, you are still legally
required to make at least the minimum payment on your initial card before your due date to avoid late
fees and / or credit damage.
When comparing
balance transfer offers, you'll want to take note of the exact offer terms, such as any annual
fees, as well as the default APR you will be
required to pay on
balances remaining after the offer terms expire.
This moves the
balance from the original card to another card, and typically
requires a
fee of around 3 % -5 % of the total
balance transfer amount.
Credit cards with no
balance -
transfer fee often
require that you request a
transfer within a specified time from account opening (60 days, for example), and will charge a standard transaction
fee outside of that window.
Something to keep in mind: most cards offering a break on the
balance transfer fee will
require that qualifying
balances be
transferred shortly after opening your account (generally within the first 90 days).