Banks offer introductory balance
transfer teaser rates for a reason.
Not exact matches
It involves clearing out a reasonably high credit line in the hope that a
teaser balance
transfer offer will appear, then juggling the debt so a large amount stays at those low
rates while you aggressively pay it down.
They know that most folks won't pay off large
transfers during the
teaser period and will end up paying the normal interest
rate on the larger amount they now owe.
Of course, you come out ahead if you do pay the
transfer off during the
teaser period, particularly if they offered you a zero percent interest
rate.
Some revisions resulted in better balance
transfer deals for consumers, such as the Wells Fargo Cash Back college card, which now has a 0 - percent
teaser rate good for 12 months instead of six.
They offer us 0 % balance
transfers, extra credit cards, and even offer
teaser rates.
Some revisions resulted in better balance
transfer deals for consumers, such as the Wells Fargo Cash Back college card, which now has a 0 - percent
teaser rate good for 12 months instead of six.
Already, issuers have sweetened some promotional balance
transfer offers and sent out slightly more offers advertising a 0 percent
teaser rate on purchases.