April 25th 2009 Update: I found this nearly two year old post while doing some spring cleaning. I was about to pull it off the web, but realized this golden oldie provided a good example of just how much things have changed for the worst in the credit card industry, particularly in regards to balance transfers. At present, none of these offers exist in the same format they used to. For up to date info, plaease see the credit card comparison section of www.smartbalancetransfers.com
Original Article from Decemebt of 2007: Happy Holidays for the Smart Balance Transfers blog! This will be a quick post to help last minute credit card shoppers find the best credit card offer for the season. Basically, the most important thing to look for in a balance transfer credit card this time of year is what the 0% interest rate applies to. If you plan on using your new 0% APR credit card for purchases and balance transfers, we recommend the following credit cards:
Best Overall Balance Transfer Credit Card: The Bank of America Platinum Plus, which offers no fee balance transfers and a 0% APR for six months on both purchases and balance transfers.
Runner-Up: The Chase Platinum Card offers a 0% on purchases and balance transfers for a full year. However, there is a balance transfer fee of 3% up to $75.
Worth Noting: The Discover More credit card offers a 0% APR on balance transfers for a full year, but only six months on purchases. It also charges a 3% balance transfer fee.
The Citi Home Rebate card offers no fee balance transfers and a 0% APR for 1 year. However, there is no special rate on purchases.
For more information and to compare these credit cards, visit the 0% APR balance transfer section of SmartBalanceTransfers.com.
