Most credit cards offer a 0% APR promotional financing offer or a rewards program. Nevertheless, a few cards offer both. In general, those who have credit card debt should focus on paying it off rather than earning more rewards.
But there are still some people who want to transfer a large balance while continuing to earn rewards. And in the case of the NFL Extra Points Rewards card, customers have the opportunity to earn tickets to games that can be very hard to get.
How the promotional financing works
New cardholders receive one year of interest free financing on both new purchases and balance transfers, but there is a 3% balance transfer fee. 12 months is less than several other competing cards that offer 15 or 18 months of similar terms, but this length of time can work for many people. [click to continue…]
For most people, the Chase Slate is the best balance transfer credit card on the market. It offers 15 months of interest free financing on both new purchases and balance transfers, and is the only card with a 0% APR balance transfer offer and no balance transfer fee.
So how can cardholders make the most of this card? Follow these steps:
First, the Slate card may not make sense for everyone. For example, cardholders who have debt in an existing Chase account cannot transfer it to their Slate card.
Next, it is important to apply as soon as possible. Each day that goes by means that applicant’s existing debt is continuing to accrue interest charges. The sooner one applies, the sooner applicants can receive the card, perform the balance transfer, and stop paying interest.
Also, note that the promotional balance transfer offer is only valid for the first 60 days after opening an account. [click to continue…]