Why do credit cards holders opt for a balance... - Balance Transfers Questions

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Credit Card Applications » Questions » User Questions » Balance Transfers » Why do credit cards holders opt for a balance transfer?

Why do credit cards holders opt for a balance transfer?

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Unlike a few other loans, the interest rates on credit cards a extremely high, to ensure the bank acquires a new customer they provide a lower interest rate for the balance transfer that occurs. Consumers on the other hand benefit from this feature too as they can pay out the outstanding credit at a better interest rate.

All credit cards terms, fees and rates mentioned in this article/post are actual on the posting date. See the current products’ Terms & Conditions on the issuing banks' websites.
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Intro APR on Balance Transfer: 0% (18 months)
For Excellent, Good Credit
Intro APR on Balance Transfer: 0%* (21 months on Balance Transfers*)
For Excellent, Good Credit
Intro APR on Balance Transfer: 0%* (18 months on Balance Transfers*)
For Excellent, Good Credit

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