0% APR Balance Transfer Articles
0% APR Balance Transfers vs No Fee Balance Transfers
The vast majority of no fee balance transfer credit cards only offer a 0% APR on balance transfers. Any purchases you make on your card are charged the standard interest rate. Thus, for example, if you transfer $1000 at a 0% interest rate and spend $1000 at the standard rate (we'll say 15%), any payment you make will reduce the 0% APR balance and you will be charged 15% interest on your new purchases. Learn more about 0% APR balance transfers.
0% APR Balance Transfers 101
A balance transfer is the act of transferring debt from one credit card to a new card that has a lower interest rate. There are two types of balances transfers: limited duration 0% APR balance transfers and fixed rate balance transfer. Learn more about 0% APR balance transfers.
The Benefits of 0% APR Balance Transfer Credit Cards
Do you know how much money you waste on interest every year? For the average consumer, this figure is somewhere around $140 for every $1000 of credit card debt. This means that someone with $3,000 in debt spends over $400 a year on interest. Learn more about the benefits of 0% APR balance transfers.
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