How To Find Balance Transfer Credit Card Deals
There is a myriad of balance transfer credit card deals out there – you just have to know how to sift through all the offers and find the best ones. Obviously, balance transfers are made to consolidate debt, thus saving money on interest payments. Finding a card with an introductory 0% interest rate is a good way to transfer balances.
Among the top offers are the Citi Platinum Select Visa, the Platinum Prestige Credit Card by Capital One, the Citi Platinum Select MasterCard, the Citi Simplicity Card, the Chase Freedom Visa, and many more. The Citi Platinum Select Visa balance transfer card offers a zero initial rate in the first 21 months, after which it becomes in the range of 11.99 percent – 20.99 percent depending on your credit. You will not be held responsible for unauthorized purchases. You need excellent credit to apply for this card.
The Platinum Prestige Credit Card by Capital One is a great choice as well. You will not be charged interest on purchases and balance transfers until November 2012. The card is offered with no annual fee. You can get a cash advance and a replacement card within 24 hours if the card is lost or stolen. Apart from getting travel accident insurance, you can choose an image for your credit card. You may add your own image or choose from a large variety of images. Excellent credit is required for this card as well.
The Citi Platinum Select MasterCard is featured with 0 interest on purchases and balance transfers during the first 21 months Clients get discounts on merchandise, gift cards, and travel. zero annual fee is offed.
Chase Bank has two types of such balance transfer credit cards. One is the Freedom visa with $50 cashback while the other goes with $100 cashback. The former features zero interest on balance transfers in the first year and on purchases in the first six months. After these periods expire, the annual interest rate increases to the range of 9.99 percent – 22.99 percent. You get your cash back bonus after the first purchase charged to the card. Until September 30, you earn 5 percent cash back on charging hotel stays, airfare, and gas, up to $1,500. You get up to 10 percent back on everything you buy at participating stores through Chase. You can redeem cash back rewards at any time. Excellent credit is required to apply for this card.
The other Freedom option is offered with money back if you charge $500 over the first ninety days. Some of the features are identical to those of the first card – for example, the zero interest on balance transfers in the first year and on purchases in the first six months. You also get 5 percent back on purchases made at participating grocery stores, restaurants, department stores, and even home repair stores. After the free period expires, the interest starts at 11.99 percent a year. Learn more about balance transfers programs at balance transfers credit for students.