Starting September 30th, a Capital One consumer credit card is offering 0% APR balance transfers. Unfortunately, however, this offer carries a full 3% transaction fee, which makes it a high fee balance transfer. (In contrast, Discover limits balance transfer fees to 3% of the transaction with a $75 maximum.)
The Capital One card, aimed at consumers with excellent credit only, that offers 0% APR balance transfers is the Capital One ® Platinum Prestige Visa®. This card also sports a low long term APR, which is currently 8.9% as well as a 0% APR on purchases. The duration of this offer changes with frequency, so its best to refer to application for complete details.
Additionally, a number of Capital One cards are now offering 0% interest rates on purchases as well including many popular rewards offers, such as the Capital One® No Hassle Miles(SM) Rewards - Excellent Credit. Like the Platinum card, the duration of this offer changes frequently, so it is best to refer to the application for complete terms and conditions.
For more information on current Capital One Offers, visit their section in Smart Balance Transfers. For more information on 0% APR balance transfers, visit that section of Smart Balance Transfers.
