Paying too much in credit card interest every month? Feel like there’s no way you’ll ever get your credit cards paid off? Consider opening a balance transfer credit card with a low to 0% introductory interest rate.
One of the best ways to save money on your credit card interest and to pay down your credit card balance at the same time is to transfer the balance on one or more of your current credit cards to a new balance transfer credit card with a low to 0% introductory interest rate.
These low to 0% Balance Transfer offers typically allow you to carry the balance for anywhere from twelve to eighteen months, thus giving you the opportunity to pay off your credit card balance and save the interest that you would have paid to the previous credit card issuer! Depending on how much you owe on your credit cards, you could save hundreds or even thousands of dollars in interest charges. Keep in mind that there will likely be a small balance transfer fee, but most of the time, the balance transfer fee is small enough that it still makes sense to transfer your current credit card balances to the new credit card and save money.
In order to qualify for the best balance transfer offers, you’ll most likely need a good to excellent credit score. But, even with a fair credit score, there are usually some credit card companies that will work with you. So even if you have less than perfect credit, make sure you review all of the credit card options that you have for your credit score range on a regular basis. Financial options change quickly as more and more companies adapt to the changing financial needs of the general population.
Let us help you find the right balance transfer credit card offer for your financial needs: