Pay $ 0 Interest on your post-holiday transfers - balance
Update: August 9, 2016
With the beginning a new year, post-holiday financial hangover can set in. shopping for these gifts and holiday certainly is fun, but paying for them is not. If you need time to pay your balances, balance transfer credit cards are useful. Move your balances to a card with a high APR to one with an intro period of 0% APR or low ongoing APR can save you a lot of money and give you the time you need to trim you need.
We took a careful look at the top credit cards out there offering 0% APR periods, evaluating their features and fine print. The results of our research on the best balance transfer cards that can save you big are shown below.
Chase Slate
Chase Slate is the only credit card that we found with the combination of no balance transfer fee a long 0% Intro APR and no annual fee. Having no fee balance transfer is a big problem, because depending on how you transfer you can pay more than you think (fess on other cards are usually 3-5% of the transferred balance). Chase Slate will not charge you a penny to transfer your other credit card balances on them, as long as you do it in the first 60 days. Also, once you have transferred your balance (s) with you will pay no interest for 15 months . You'll also enjoy a 15 months 0% Intro APR on purchases, just in time for the holiday season! If you need (or want) to make major purchases now you will pay $ 0 Interest until 2016 -. A very good case
Citi Simplicity
Can you tell an intro 21 months 0% APR on balance transfers and purchases ? Citi Simplicity (a NextAdvisor advertiser) issue, taking you well in 2017, no interest charges at all. And not only for balance transfers, you will also have over 1.5 years, interest free on purchases. This can put a bit of flexibility in your financial situation, giving you enough time to pay or repay your balance. Also there is no annual fee, no late fees and no penalty rate. If you have been known to be late on a payment or two, the advantage of having no late fees (never!) And no penalty rate (ever!) Is a big bonus and can save you from 'money. Note that there is a 3% balance transfer fee, which according to the amount you transfer, and how you intend to repay each month can not be a problem. Another great 21 months 0% APR is the Diamond Preferred Card Citi option. It does not offer the same "no late fees and no penalty rate" as Citi Simplicity, but has no annual fee, and slightly lower interest rate being after the 0% Intro APR is over. If you want to know what the best card for your situation (ie you at minimum cost), take a look at our free balance transfer calculator
discover. - balance transfer
a choice well balanced with a strong 18 months 0% Intro APR on balance transfers , cash bonuses, and no annual fee, Discover it - balance transfer is an good choice. There is also a 6 months 0% Intro APR on purchases, which is as long as 18 months for balance transfers, but can still be very useful. in addition, you will earn 5% back 1 on up to $ 500 purchases in categories that rotate quarterly in cash and 1% back on everything else. The reward money back you earn should help offset the balance transfer fee of 3% on balance transfers.
Citi Card Double Cash
tapa Feelings after the holidays? generous cashback rewards Citi Double cash and 0% Intro April period will come to the rescue. First, you can enjoy a 18 months 0% Intro APR on balance transfers . If you carry a balance on other cards, it may be a wise choice to transfer your balance on and save money on interest charges until 2017 (note, there is a balance transfer fee 3%). You will also receive effective 2% cash back on all purchases, not just certain groups or categories of quarterly rotation. There are two steps you must complete in order to earn money efficiently complete 2% return: the first 1% cash back is earned when you purchase an item, and the second 1% cash back is earned back when you pay for this purchase. Together these actions will provide you a very generous indeed 2% cash back, which you can redeem against a statement credit, check or gift card. You must pay the minimum balance each month to win the second cash 1% back, but as long as you do so that you will eventually win the second cash 1% back when you choose to pay (note if you redeem your rewards already accumulated as a statement credit, it reduces the cash back you will need to pay for the purchase of 1%, which means your total cash return of 1.99% instead of 2%). Overall, this is a cash back rewards card terrible no annual fee and a long period of 0% Introductory APR that will take you all the way to 2017 with balance transfers without interest.
card credit BankAmericard
With 18-billing cycle 0% APR on balance transfers , BankAmericard credit card is a good solution to be no interest payments until 2017. You should make your balance transfers in the first 60 days to enjoy the interest free period, but the point is to get your balances from other high interest cards this card right away, it should not 't be a problem. There is a 3% balance transfer fee, so if this is a concern that you can check on the Chase Slate card mentioned above that has no balance transfer fee. Although there is no 0% Intro APR for purchases, interest rates over the map are quite low. Overall, this card is a simple way to reduce your balance over time without worrying about interest charges pending.
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.