Comments on: 0% Balance Transfer Credit Card Offers

By: 0 Balance Transfer Cards

0 Balance Transfer Cards — Sat, 11 Oct 2008 20:22:22 +0000

Excellent list of 0% balance transfer credit cards. I am also always looking out for the best deals and have started a similar blog to yours but for the UK market! I am quite annoyed that I have been turned down for a citibank credit card despite having bank accounts with them and good credit rating. Credit crunch for you I guess!

By: naga

naga — Fri, 10 Oct 2008 23:24:43 +0000

Try Associated Bank Visa which offers 12 month 0% APR with no balance transfer fee.

It is handled by Citibank

By: Kuan

Kuan — Wed, 01 Oct 2008 22:48:06 +0000

Most update news by Oct 2nd, 2008:
Any applicant tries to apply Chase Cards be AWARE!!!!
They recently just remove the max cap fee for balance transfer.
If you think you are paying $75-$99 transaction fee per transfer, then you are wrong now. They unlift the max cap charge. Now, they can charge as that 3% of total amount you request to transfer. Buyer be aware!!!

By: Raymond

Raymond — Tue, 30 Sep 2008 06:17:12 +0000

Lisa,

Piggybacking on what Lisa mentioned, I want to point out that there are 12 month 0% APR balance transfer credit cards available with capped balance transfer fees. Oftentimes the maximum cap limit is only $75 or so. That amount is very little, especially if you are transferring a large amount. For example, if you are transferring a $5000 balance, a 3% balance transfer fee would amount to $150. Likewise, transfering a $10,000 balance would lead to a potential 3% balance transfer fee of $300.

Compare that to a capped balance transfer fee of $75 and things don’t look as bad.

By: Lisa

Lisa — Sun, 10 Aug 2008 15:59:22 +0000

As my husband so sensibly reminded me after I proudly told him I transferred one credit card debt to a credit card with a 0% on the balance transfer for 12 months, and a $90 balance transfer fee…

“You paid the interest up front, dear”.

Remember everyone, look at what your transferring and do the math. If it is a very large balance transfer, say $6000, then the fee to transfer it may be worth it. But, it may be more worth while to find a very low interest rate for balance transfer with no fee or a very low fee if you debt is say, 2000. Again, you need to get out your calculator.

Advanta Business card, as of Aug. ‘08 gives you an initial credit limit cap of $2500 (doesn’t matter what you’re score is) and will only transfer a balance up to this amount, plus the $90 BT fee. This could be worth it though if they raise your Credit Limit after a couple of months of good standing, and then allow you to use the introductory Balance Transfer offer of 15 months.

By: Holly

Holly — Mon, 21 Jul 2008 19:28:21 +0000

I have a question for you guys - has anyone noticed no balence transfer offers on their credit card available ?
we refinanced our house a few months ago to take advantage of a better rate - and paid off some bills - I was going to consolidate some accounts to a low interest card to take advantage of the savings and get down to one bill -
Our credit is in the 730 range - so that is not teh problem - but when I went to transfer the balances - there are no offers available on any of the three majors we keep open
Has this happenned to anyone else - does anybody know why ?
Just a curiosity thing - I hav my theories on this but would love to know who else has had the same problem ?

By: Susan T

Susan T — Sat, 05 Jul 2008 06:17:06 +0000

My boyfriend and I have been trying to figure out which 0% balnce transfer card to go for. He’s got some high APR crdit cards he’s been trying to get rid off. Whatever happened to all the good 12 month balance transfer offers without transfer fees? I guess the credit crunch situation eliminated them all perhaps?

By: Jonathan

Jonathan — Thu, 19 Jun 2008 22:53:02 +0000

I like this long list of 0% credit card offers for balance transfer interest rates.

However, what ones do you recommend as the best 0% balance transfer credit card deal? You can email me if you want. I’m thinking of making money from balance transfer arbitrage and am trying to figure out which 0% credit card offers are worth applying to. I’m hoping I can get at least a $10,000 credit limit with my credit score.

By: Silverppmy

Silverppmy — Wed, 12 Mar 2008 18:34:26 +0000

Nice long list of 0% balance transfer credit card offers. I had no idea there were so many such deals out there. I’ve been thinking of transfer a few high interest debts to another credit card with a 12 month balance transfer period. I’m glad you included credit card choices that also offer No Fees for 0% balance transfers.

By: Jill Warner

Jill Warner — Wed, 27 Feb 2008 00:36:07 +0000

Great entry, thanks:)

By: I Remember Breaking Past The $10,000 Savings Mark | Money Blue Book

I Remember Breaking Past The $10,000 Savings Mark | Money Blue Book — Mon, 04 Feb 2008 21:02:51 +0000

[...] crossing in and out of credit card debt to keep afloat. I still remember moments when I took on 0% APR balance transfer offers for a few months to make ends meet. Perhaps not necessarily the wisest of approaches but I quickly [...]

By: Peter

Peter — Tue, 29 Jan 2008 12:38:41 +0000

You left out a really good credit card. The Disney Rewards Visa from Chase. See (link).

Not only is there a $15 Disney Gift Card sign-up bonus, but it has 0% balance transfers for a year with a cap of only $50. 0% on purchases for a year. Plus, if you are a Disney fan, Disney vacation packages are always 0% for 6 months and you accumulate crdit card rewards (at 1%) toward Disney dollars.