The article reports that zero-balance transfers on credit cards in Australia continue to divide issuers. These transactions allow customers to transfer an existing card balance to another card and pay no interest for four to six months. This is considered to be a customer acquisition tool but ...
The key is to make sure the math works in your favor. Most credit cards charge a balance transfer fee of about 3 percent of the amount transferred, so keep that in mind if you're moving over a high balance. Also, make sure you can pay off your debt (or reduce it substantially) by...
In a zero-based budget, you account for things that you normally just "leave to fate". Your gas for example, running money for the week and that $5 to buy the latest issue of Cosmo or Maxim or whatever it is that adorns your coffee table. In this type of budget, you list everythi...
Additional rates and fees: Credit cards also have additional fees for things like doing a balance transfer or making a late payment. You should also confirm that you understand all additional interest rates and fees that you could be charged. APR VS. INTEREST RATE: WHAT'S THE DIFFERENCE? Cr...
Key points about: 0% interest balance transfer cards A credit card balance transfer lets you move an existing credit card debt balance to a new credit card, which may allow you to take advantage of a lower interest rate. A 0% intro APR balance transfer credit card could mean no interest ...
Thinking of closing a credit card with zero balance? Before cutting that card, you should consider all of the possible effects, such as how it can impact your credit score and your chances of getting approved for new lines of credit. It's usually better not to cancel cards, but there a...
Learn More About Balance Transfer Cards Item 1 of 3 6 Ways to Make the Most of a Balance Transfer Card Want to knowhow to transfer a card balance? Learn how you can consolidate your debts, save on interest charges, and regain ...
Real World Example of a Zero Balance Card In the past, some credit card companies would charge their customers inactivity fees if they failed to make regular purchases using their credit cards. This practice was made illegal through the passage of theCredit CARD Act in 2009, although credit car...
Read up on the latest advice and guides for zero interest credit cards from the team at Bankrate. We'll help you maximize your money and put your wallet to work for you.
Add up to 3 cards to compare CompareClear Compare Bankrate's top 0% intro APR credit cards Card nameOur picks forBalance transfer intro APROngoing APRLearn more Citi Simplicity® Card No late fee 21 months 0% for 21 months on Balance Transfers Regular APR: 18.49% - 29.24% (Variable) Ap...