Can You Enjoy 0 On Balance Transfers On Your Credit... - Balance Transfers Questions


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Can You Enjoy 0 On Balance Transfers On Your Credit Card?

Answered on | Updated on July 18th, 2010
The content is accurate at the time of publication and is subject to change.

Most of us have longed to obtain a credit card that is actually a boon to have in more ways than one. After all, getting credit cards that have features which are one of a kind is something that we would all want to enjoy. But, not all of us have the required financial credits to enjoy this and hence, it is vital to keep in mind the options that are there. Choosing the option that works out best is important and in a way, something that everyone should strive to do. A great option that people are bound to like is 0 on balance transfer.

With this, you can easily load the balance that you might have on one credit card to either another credit card or to your bank account, and close the debt. Many financial institutions do charge an amount for this, which is what makes it quite tough to get a decent credit card that doesn’t end up costing a fortune to just maintain. Hence, people end up opting for cards that are better on other fronts, completely neglecting this particular aspect. While this is not a bad thing as such, you can be assured to get a better deal when you do go in cards that provide benefits like 0 amount charges.

Moreover, you might also be interested in knowing that you can get cards which offer this feature in addition to providing numerous other benefits. While these benefits might not be apparent right away, you can learn about them by speaking to someone knowledgeable and knowing more about how it might be possible to take advantage of these features. There are always going to be people that are going to be interested in learning more about these features and learning how it might be possible to switch to this from their usual credit cards.

Another way of taking advantage of these features is if you are a student and maintain decent grades in school. Most banks encourage good students and provide these features for the students to take advantage of. Moreover, there are also other financial institutions that offer these for those customers that have shown an ability to maintain a good credit score as well as pay the bills that are due on the card back on time. In this way, you can get a good credit card that is light on your wallet and is not too hard to maintain either.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
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Intro APR on Balance Transfer: 0% 12 months on Balance Transfers

Ongoing APR on Balance Transfer: 15.74% - 25.74% (Variable)

Balance Transfer Fee: 3% of each balance transfer; $5 minimum.

Excellent, Good Credit

Intro APR on Balance Transfer: 0% (first 12 billing cycles following each balance transfer that posts to your account within 45 days of account opening)

Ongoing APR on Balance Transfer: 18.24%, 22.24% or 25.24% variable based on your creditworthiness

Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater

Good/Excellent Credit
See Rates & Fees

Intro APR on Balance Transfer: 0% Intro APR for 12 months

Ongoing APR on Balance Transfer: Variable APR of 15.24%, 19.24% or 25.24%

Balance Transfer Fee: Either $10 or 4%, whichever is greater, will apply on each balance transfer and credit card check

Good, Excellent Credit
See Rates & Fees

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