The 0% APR Credit Card Balance Transfer Website
Posted on 07. May, 2007 by admin in Paid Reviews
This is paid review
Credit Card Balance Transfers give you the power to transfer one or more of your high interest rate credit card balances to a new or existing credit card account with a lower interest rate. A 0% Credit Card Balance Transfer offer means that you can transfer your high interest credit card balance(s) to a new credit card, with the added feature of paying no interest on the balance(s) transferred for a set period of time, usually between 3 and 18 months. Some credit card companies sweeten their 0% balance transfer offers even further by offering a 0% Introductory Annual Percentage rate (intro APR) for any new purchases made. The balance transfer offers that combine an interest-free period on balances transferred with an interest-free APR period on new purchases are the best deals available today, and these are the deals that you should be looking for (these deals are also known as “free-free” balance transfer offers.)
0% balance transfers, as you might have guessed, can save you a lot of money; the longer the 0% balance transfer period and/or 0% Intro APR period you get, the more money you will save. If you have credit cards with very high balances, 0% balance transfers can mean savings of hundreds and even thousands of dollars.
It’s all about the interest! If you are paying e.g. $100 every month on a credit card that is charging you interest, a significant part of that $100 is going to be used to pay the interest that has accrued on your balance. If, on the other hand, you were to transfer that same balance to a new card that features a 0% intro APR on balances transferred, then that same $100 monthly payment will all be applied toward paying your principal balance exclusively, thus enabling you to payoff that balance in a shorter period of time–and saving you lots of cash!
Stay tuned to the 0 APR Credit Cards website where you can read about the latest balance transfer news, trends and updates.
