There are many different credit card companies that offer 0% balance transfer credit cards. These credit cards offer consumers a 0% interest rate on money or debt that you transfer over to their accounts. These credit cards can be very helpful especially if you currently are paying high interest rates. There are also some pitfalls that you must be aware of when sign up for 0% balance transfer credit cards.
Banks and credit card companies have become very aggressive in trying to get people to transfer their debt over to them. Many of these cards offer many other benefits that you will want to take it manage of. Here are some of the best zero balance transfer credit cards in today’s market.
Bank of America 0% balance transfer credit cards
Bank of America offers the BankAmericard. This outstanding credit card offers a 0% balance for up to six months. After the six months your interest rate will be adjusted to 12.99% to 21% depending on the current variable interest rate. Another outstanding benefit to the BankAmericard is that you can earn up to 3% cash back on gas, groceries, and drugstore purchases. After you make your first hundred are retail purchase you will get an additional $50 added to your credit. This $50 free credit is a nice addition when you sign up for this Bank of America credit card.
Citi Platinum Select MasterCard
This Citi platinum wonderful 0% balance transfer credit card. This card offers an intro 0% balance for up to 21 months. After the 21 months you will have to pay 11.99% to 19.99% interest. This Citi platinum credit card offers discounts on gift cards, travel, and other qualified merchandise. This card also carries with it no annual fee. This can be a great solution for anyone looking to lower their monthly interest payments.
Slate Credit for Card from Chase Bank
The Slate credit card offers some outstanding benefits for people that want to transfer high interest rate credit card balances. The slate card offers a 0% intro APR for up to 12 months. This outstanding credit card also offers a zero liability on any unauthorized purchases. There are also no annual fees associated with the Slate credit card. This is one of the best 0% interest credit cards that are offered by Chase Bank.
Capital One Platinum Credit Card
The capital one platinum credit card has many different benefits that you can take it manage of. The capital one card offers a 0% interest rate on any money transferred for up to 12 months. The card also comes with a 0% fraud liability if your card is lost or stolen.
A 24-hour traveler emergency assistance line is available to give you a replacement card or cash advance. The card also comes with an outstanding roadside assistance program. There are also no annual fees associated with the capital one card. This is one of the best 0% transfer credit cards in the market.
There is absolute no reason to pay high interest rates on credit card balances. All the credit cards that we had discussed are very easy to apply for. Applications can be filled out within 10 min. Check and see which credit card offers the best advantages for your personal situation.
Make sure that there are no hidden fees or annual costs before you sign up. A 0% balance transfer credit card can be a great way to lower your monthly payments for a given period of time.
If you decide to move your credit card balance from one credit card provider to another then to save yourself as much money as possible you need to look for 0% balance transfer credit cards. This is an excellent offer to take advantage of if you decide that a balance transfer is in your best interests at the present time. Bear in mind however that the 0% is not something you will be able to enjoy for the entire time that you have the credit card.
American Express® Balance Transfer Cards
You may want to consider American Express Balance Transfer offers first. American Express offers access to world-class Credit Cards, Charge Cards, rewards, travel, financial and business services including Corporate Cards. Before you decide to sign an application to transfer your credit card balance from one card to another there are some very important items that you must take into consideration.
All credit card applications include fine print so make sure that you read it! Sometimes the companies can mislead potential customers which is why you must have your wits about you. Take the time to find out how long the annual percentage rate will last for your balance transfer. Some of the 0% balance transfer credit cards have offers that last for six months, while others have offers that last for 12 months. Do not sign anything until you know the time span for the offer.
Discover® Card Balance Transfer Offers
Discover Card will help you simplify your finances with one easy payment per month, use your savings to put money in your pocket and request up to 4 balances you want transferred at a time
Some credit card companies that offer balance transfers make it such that if you miss even one payment they will cancel your balance transfer. This is definitely something you need to know about ahead of time.
A 0% balance transfer credit card is supposed to not cost you anything for a specified period of time. Right? The reality is that there are some balance transfer credit cards that will charge you in the area of two to three percent of the balance. For example if you are transferring a balance of $10,000 and you are charged a three percent fee then that comes to $300. For some people this may be too much!
Some balance transfer cards impose a maximum amount that you can transfer. If you are transferring a small sized balance then this is not a problem however if you are transferring a larger balance such as over $10,000 or $15,000 then you will need to find out if the credit card provider will approve you before you can go ahead and transfer that large a sum. Finding out the maximum amount you can transfer is very important for your purposes.
There are plenty of credit card companies that offer consumers 0% balance transfer credit cards. They key is to pay attention to what is being offered and make sure that it is all above board and worthwhile for you.
Always read the fine print and find out what fees are connected to a 0% balance transfer credit card. If you want to use this credit card for some time in the future then everything connected to it must make sense. It is also a good idea to look online for reviews for the credit cards you are seeking. Do not just assume that all companies have the exact same types of 0% balance transfer credit cards because they don’t. Look around and shop around!