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What is a credit card features would be best for customers who want to pay off the balance on a high interest credit card?
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Which of these credit card features would be best for customers who want to pay off the balance on a high-interest credit card?
Low fees for balance transfers
Which one of these credit card features would be best for customers who want to pay off the balance on a high-interest credit card?
Low fees for balance transfers
Which credit cards offer the best low interest balance transfers?
There are many credit cards offering low interest balance transfers. For instance, certain credit cards by American Express, Capitol One, and Discover have great low interest balance transfer rates.
What would be best for customers who want to pay off the balance high interest credit card?
The best solution - would be a low-interest loan from a bank ! Bank interest rates are MUCH lower than credit cards.
What would be best for customers who aren't likely to use their credit card very much?
For customers who are unlikely to carry a balance on their credit cards, the interest rate becomes less important than the features that the card offers. Benefits such as rental car insurance might be more useful than rewards based on how much the card is used.
Which of these credit card features would be best for customers who want to pay off the balance on a high-interest credit card?
Low fees for balance transfers
Which one of these credit card features would be best for customers who want to pay off the balance on a high-interest credit card?
Low fees for balance transfers
How is Interest Expense with a credit balance classified in the financial statements?
An Interest Expense with a credit balance is reclassified as Interest Payable on the Balance Sheet.
Is interest earned a debit or credit?
All earnings and revenues has credit balance as normal balance so interest earned also has credit balance as default normal balance.
Which credit card companies offer zero interest on credit card balance transfers for new customers with good credit?
Many credit cards offer zero interest balance transfers for new customers for a certain period of time. For example, Capital One, CitiBank, and Chase are all credit card companies that offer this perk. For more specific information, go to http://www.creditcards.com/balancetransfer and click on the link that reads "balance transfer".
Which credit cards offer the best low interest balance transfers?
There are many credit cards offering low interest balance transfers. For instance, certain credit cards by American Express, Capitol One, and Discover have great low interest balance transfer rates.
Is interest payable a credit or debit?
Interest payable is liability account and have a credit balance as a normal balance.
What would be best for customers who want to pay off the balance high interest credit card?
The best solution - would be a low-interest loan from a bank ! Bank interest rates are MUCH lower than credit cards.
What would be best for customers who aren't likely to use their credit card very much?
For customers who are unlikely to carry a balance on their credit cards, the interest rate becomes less important than the features that the card offers. Benefits such as rental car insurance might be more useful than rewards based on how much the card is used.
Does interest receivable have credit or debit balance?
credit
What is the purpose of 0 credit card deals?
The purpose of the 0 credit card deals is to allow customers to pay 0% interest on balance transfers. This allows one to transfer the balance between cards and consolidate payments.
Is bank interest payable credit or debit?
All kind of payables have a credit balance as a default or normal balance. So by following this rule, bank interest payable also has a credit balance as normal balance.
