Sentences with phrase «transfers during a promotional period»

A 0 % introductory APR period: This lets you avoid interest on purchases or balance transfers during a promotional period.

You'll get one point for every dollar transferred during the promotional period.

Not exact matches

When you complete a balance transfer, your minimum monthly payment will reduce during the promotional period.

When you complete a balance transfer, your minimum monthly payment will reduce during the promotional period.

These are usually several points higher than those for purchases or balance transfers although at times during promotional periods there is an introductory rate lower than than the regular rates for the two.

During the promotional period, the regular annual interest rate for purchases will apply to purchase transactions and the regular annual interest rate for cash advances will apply to balance transfer (s) that do not qualify for the promotional interest rate.

If you do not pay your minimum payment by the payment due date in any month during the promotional period, you will lose the benefit of this promotional interest rate offer and, effective the first day of the next monthly statement period, the regular annual interest rate for cash advances will apply to any remaining balance transfer amounts.

Assuming that you aggressively pay off the credit card debt and do not get into any new credit card debt during this promotional period then the balance transfer option can potentially save you a lot of money.

* You should only use balance transfer credit cards if you know you can pay off the entire balance during the promotional period.

Additionally, credit card balance transfers only make sense if you can pay off all or most of the debt during the promotional rate period.

When you transfer your existing balances to one of these new cards, you can avoid interest charges during the promotional financing period.

Transfer that balance over to a 0 % card, and pay off as much as you can during the promotional period.

Some cards do offer 0 % promotional periods on purchases and balance transfers, so this is something to keep in mind during your comparison.

You'll want to make sure the amount you transfer can be paid off during the 0 % APR promotional period, and that you consider transfer fees in the calculation to determine if it's a good deal for you.

First, there may be transfer fees (usually the greater of $ 5 or 3 %), even when transferring balances during the 0 % promotional period.

Balance transfer cards work as follows: they have a promotional period during which you'll get a 0 % or very low rate for a certain number of months, but once that period is over, rates are adjusted to much higher levels (perhaps to undesirable levels).

So if you don't pay off the debt during the promotional period, you may end up with almost the same amount of debt at the same rate that you had before transferring your balance over.

Debt consolidation may be done in two basic ways: the debtor may walk down the avenue for a credit card that has 0 % interest or a balance - transfer to which all your debts may be transferred and the balance paid in full during the pre-determined promotional period.

During the promotional period, eligible Card Members can transfer as little as 60,000 Membership Rewards points to Emirates Skywards, and book an Emirates economy class return ticket between JFK and Dubai.

The promotional offer is for a 20 % bonus on all point transfers to Velocity during to promotional period.

A maximum of three transfer transactions are allowed during the promotional period; transfers of less than 1,000 Mileage Plan Miles are not permitted.