Credit Card Question & Answer
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » Questions » User Questions » Balance Transfers » I have Discover card at 18.49 % variable rate, with a balance $3,446. Should I go to a lower ...

I have Discover card at 18.49 % variable rate, with a balance $3,446. Should I go to a lower rate card?

Answered by , at
Add to Favorites:

Tags: , ,

Leo Zhu

If you want to pay off your balance with no interest, you can apply for a balance transfer credit card like the Citi® Diamond Preferred® Card. It offers a 0% interest introductory APR on balance transfers and purchases for 21 months. The card has no annual fee, but you will have to pay for the balance transfer – 3% of the amount transferred. Make sure you will manage to pay off the transferred amount, make all the payments before the due date. Otherwise your promotional APR will expire and the interest will start accruing again.
You can use our balance transfer calculator to see how much you can save with a particular card. Enter your current interest and balance and choose a card. Then enter the length of the introductory period or the amount of the planned monthly payment and it calculates your savings.

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Intro APR on Balance Transfer: 0% (21 months)*
For Excellent/Good Credit
Intro APR on Balance Transfer: 0% (12 months (on balance transfers made within 45 days of account opening))
For Excellent/Good Credit
Intro APR on Balance Transfer: 0% (18 months)*
For Excellent/Good Credit
* Click apply to read the full Terms and Conditions.

Other Questions in
Balance Transfers