Be paid to transfer your credit card

Be paid to transfer your credit card - balance

Editor's Note: The Barclay Mastercard - 1% Back on card balance transfers is offered.

If you carry a balance on a high interest credit card, you pay unnecessary interest charges each month. You can save yourself some money by transferring the balance to another card or low -Apr-0%. And with the new ring Barclaycard MasterCard you can even get paid to transfer your balance.

Get Paid To transfer your balance
Barclaycard® Ring Mastercard® - 1% Back on balance transfers is a new card with no annual fee and an interesting twist on balance transfers. Instead of paying a fee for moving credit card balances on the map, like the other cards do, it actually pays to transfer your balance - you will gain a declaration of 1% credit back on the amount of your transfer balance. So, if you transfer $ 5000 you get a $ 50 credit statement. The only catch is that you must transfer your balance within 60 days of opening the account, but since most people transfer their balances when they open a new map that should not be a problem.

Barclaycard Ring MasterCard does not offer an intro period of 0% APR, but offers to a very small spot being 8.00% APR The card requires excellent credit to qualify, which could be a problem for some people. If you are someone with less than excellent credit (like many of us), or search for fee card with a long 0% introductory April, there was another strong option for you :. Chase Slate Card

0% APR for 15 months
Chase Slate is a good choice for anyone "good" or better credit who wants to save money by transferring the balance on their credit card on a card with a 0% introductory APR Typically good credit is considered a score between 660 and 724, although there may be other qualifying factors. Chase Slate is a card with no annual fee with a 15 months 0% APR on purchases and balance transfers, which means that you will be interest-free for over a year. Zero interest payments can save you a lot of money, but unlike all the other 0% Intro APR cards, Chase Slate also no balance transfer fee so that you will not pay a penny for your transfer balance on this card.

Which card is best for me?
Overall, if you are going to wear your balance significantly more than 15 months and you have an excellent credit Mastercard Barclaycard Ring is probably the best choice. If you can pay your balance down almost within a period of 15 months and Chase Slate is the best choice regardless of whether you have good or excellent credit. If you're not sure how long it might take you to pay off your balance, a third option is to transfer your balance (s) Chase Slate now. So if you have not been able to pay your balance in 15 months, it is still possible to transfer your balance to another card as Barclaycard Ring, especially if in the meantime you have made all your payments time and reduces the principal balance, thus helping your credit score. For a personalized assessment of the card that is best for you, take a look at our free balance transfer calculator.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and has not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but the terms and conditions of card can change at any time. This site may be compensated by the sending credit card affiliate program.