I am looking to transfer my debts to a credit card to... - Balance Transfers Questions


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Credit Card Applications » Questions » User Questions » Balance Transfers » I am looking to transfer my debts to a credit card to have only one payment a month and thought...

I am looking to transfer my debts to a credit card to have only one payment a month and thought Redwood credit union has balance transfer cards. Their cards have low interest rates but no 0% rates. I like that they do not charge the balance transfer fee but that’s not enough. Is there a 0% interest card for me?

Answered on | Updated on June 29th, 2016
The content is accurate at the time of publication and is subject to change.

There are a lot of balance transfer credit cards with 0% intro APR. However, most of the cards will charge you a balance transfer fee, which is 3% on average. But often, even if you pay this balance transfer fee, you can still save money if you transfer your balances. The balance transfer credit cards come with different introductory periods on balance transfer, so we would recommend you to compare the offers to see which is the best fit for you. Also, pay attention to the ongoing interest rates as they will apply once the zero introductory period is over.

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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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