Transfer Balance On Credit Card With 0 Interest

A 0 apr balance transfer credit card to be exact.

Transfer balance on credit card with 0 interest. Greatest of 1 of balance plus interest 2 5 of balance or 5 minimum annual income. Most balance transfer credit cards in australia offer 0 interest for the promotional period but others will offer a low rate such as 2 99 p a. The average balance transfer credit card has a 0 apr for over 12 months with a 3 balance transfer fee and a 0 annual fee. Clear card in full by end of 0 period to avoid interest always pay at least the monthly minimum repayment don t spend withdraw cash on this card balance transfer interest after 0.

Credit cards designed for balance transfers offer a lower interest rate often 0 when you first open the account. While technically the same as other cards most so called balance transfer cards come with introductory apr offers that allow you to carry a transferred balance for more than a year with no interest. All of the cards in the following table have no annual fee. For consumers with good credit the best tool for consolidating credit card debt may surprisingly be another credit card.

The purpose of a balance transfer credit card is to save money and time by reducing the overall cost of credit card debt and allowing you to pay off the balance faster some cards are from wallethub partners. The length of the intro apr period. The best balance transfer credit card is the citi simplicity card with its 0 intro apr offer of 21 months on balance transfers then 14 74 24 74 variable.