Credit Card News
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 » News » Other » Navy Federal Offering 0% Balance Transfer Credit Card with No Fees

Navy Federal Offering 0% Balance Transfer Credit Card with No Fees

By
Add to Favorites:
Navy Federal Offering 0% Balance Transfer Credit Card with No Fees

Banks and other credit card issuers are wooing existing clients to start using their credit cards once again. Many of these offers are coming in the form of a balance transfer credit card, which allows cardholders to move high-interest balances to the credit card to pay a lower interest rate. One of the best credit card offers currently available along these lines comes from Navy Federal Credit Union. Membership is open to current and former employees of the armed forces and Defense Department and their families.

Navy Federal Credit Union

Members of the Navy Federal Credit Union have the option to take advantage of a 0% balance transfer credit card. As an added bonus, the bank is not charging any fees for the balance transfers for up to 12 months. This is one of the best credit card offers around right now — most competitors charge fees for balance transfers, even when they offer 0% interest balance transfer. The offer is currently available on any of the credit cards issued through Navy Federal Credit Union. They offer varying interest rates on purchases, and some offer extra perks for a small annual fee.

Competitors’ Charges

Most credit card issuers charge 3% to 5% fees on balance transfer credit cards. The Citi Platinum Select Mastercard, one of the best credit card offers currently available for balance transfer seekers outside the military, offers 0% interest for 21 months but charges a 3% balance transfer fee. So a cardholder transferring a $10,000 balance from a card charging 18% interest would pay $300 — nothing beats free, but she is still saving $1,500 in interest payments in the first year alone. And without all that interest, she will probably pay down her balance faster.

Add to Favorites:

Related News:

Best Buy Gets Chase Pay

By Dar Dowling, Posted: September 30, 2016

Best Buy carries everything from smartphones and TVs to computers and cameras – and now people who shop with them will be able to use Chase Pay when shopping online. Continue reading
Financial Optimism is Up, But So is Income Stress

By Dar Dowling, Posted: September 29, 2016

Are you feeling more hopeful, yet are still a bit worried about whether or not you're making enough money? Continue reading
MasterCard Send Makes a Splash

By Dar Dowling, Posted: September 28, 2016

MasterCard and Stripe have teamed up so that U.S. sellers using Stripe marketplaces, like Postmates, Instacart and iCracked, can opt to make instant payouts via the Stripe interface, using MasterCard Send. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Get 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 12.24%-22.24% based upon your creditworthiness.
For Excellent/Good Credit
1% cash back on select purchases, terms apply
For Fair Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit