Balance Transfer Credit Cards can save you hundreds, if not thousands of dollars on interest payments. Review, Compare and Apply for the credit card that best suits your financial needs quickly and easily in one convenient location. BestCreditQuote.com is designed to present all the pertinent facts that comprise the best credit card offers. No fluff, No hype… just the facts you need to make an intelligent, informed decision.
If you carry a balance on one or more high APR credit cards then you stand an excellent chance of saving a substantial amount of money by transferring your balance to a 0% APR, or low interest rate offer.
Most offers come with an introductory period that lasts anywhere from 6 months to one year. This affords you a wonderful opportunity to pay off some or all of your credit card debt.
Important Facts To Consider Include:
• How Long Does The Introductory Period Last
• What Will The APR Be When It Ends
• Is There A Balance Transfer Fee
• Is There An Annual Fee
• What Types Of Rewards Programs Will Benefit You
These are among the major factors that you should be aware of. There is no need to pay an annual fee for a credit card so you may want to look elsewhere if you see that charge. Balance transfer fees are pretty much standard across all credit card issuers and usually runs at 3% of the total transferred and is capped at $150. Consult the application for the terms of service, or directly contact the credit card company if you are unsure of the fees charged.
Make sure you read the terms and conditions outlined before applying for the balance transfer credit cards that interest you. Major banks and credit card issuers such as American Express, Chase Manhattan and Discover Card feature attractive balance transfer offers. If you have a good credit history then you will have many options to choose from, so please, take your time to carefully compare the offers to find which balance transfer credit cards best suit your financial needs.
We have all applied for and received a credit card that sounded good at the time. Because we didn’t carefully read the fine print from the credit card company we were stuck with a 26% APR. That used to be the story about twenty years ago. Now we have found a way to make using and building credit easier for consumers.
Balance transfer cards are offered by all the major banks and credit card issuers in the industry. Transfer the high balance from another credit card with a high APR to one of the cards that specializes in offering a low APR or none at all on balances transferred. The ones that offer zero APR do so for a defined period of time so be careful that you don’t lose out on the benefit you got the card for in the first place. Others offer a low APR for the balance transfers that extend until that balance is paid off in full.
Whatever your needs may be there is a balance transfer credit card with your name on it. But, these credit cards don’t just offer that feature. You can also earn cash back on your purchases, conduct online banking and reporting (for businesses) and earn travel rewards points for airlines, cruises, hotels, and rental cars. Apply today and see how much better life can be.
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