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What else can I help you with?
What is the purpose of doing a balance transfer?
There are several advantages to doing a balance transfer. If you currently have a high interest rate on your current credit card it may be very beneficial to you to transfer the balance to a lower, sometimes 0%, interest rate. It depends on what kind of transfer fees are involved and how much you currently owe.
What is 0 balance transfer and what are the advantages of doing that?
O balance transfer, is when you take one credit card that you owe a large balance on, and another credit card that is empty with a lower rate, and transfer them to the other. It's so you can get a cheaper rate.
What are some credit cards that have the best interest rate?
The Tesco Bank Credit card has the best rate, it is has 16.9% APR and has a balnce transfer fee of 2.9%. The Virgin balance transfer card has the second best rate at 17.9% APR and balance transfer at 2.99%.
What is the best balance transfer card?
Best balance transfer card of 2013 is slate from chase. It is the only card that is offering a 0% introductory interest rate on balance transfer without charging balance transfer fee but it's only for the first 60 days.
What are some advantages of a 0 balance transfer?
When you have a balance on your credit card, you are paying interest. If you can find a credit card with a lower interest rate and a 0% balance transfer, you will be saving money.
What is the transfer rate of current USB flash drives?
12mbps
Can you do a balance transfer from someone else's credit card?
Yes, balance transfers are commonly used to move balances from a high APR to a lower rate. But the transfer will impact the credit of the cardholder receiving the balance.
Which banks offer low rate balance transfer?
There are many good and trusted banks that offer low rate balance transfer. These banks include Chase bank, First Merit, Huntington, and banks like American Express.
Can you explain the balance transfers feature to me?
Balance Transfers simply mean to transfer your balances from one account to another. Generally, you transfer your total remaining balance from your current credit card to a new credit card. This is usually done to secure a lower interest rate. If you would like to discuss this in person, or have any more questions please call me at: 555.123.456.
How does one compare Balance Transfers?
The company Money Super Market offers an extensive list of many credit cards that allow balance transfers. There are even a few cards that offer a 0% balance transfer rate. Before you transfer your balance you should research the cards you are interested as they may have higher fees than your current card or their fees may increase over a certain time period.
How can one transfer a credit balance?
Typically, people consider transferring high interest rate balances to a credit card that offers a lower interest rate. The best way to accomplish this is to contact the lower rate credit card company and set up the transfer (this is a relatively quick process). This company will ask for the higher rate credit balance and assist you in transferring. After you get a notice that the transfer is complete, you can close your higher rate credit card.
Why might someone want to utilize a balance transfer offer and can you provide an example of a situation where it would be beneficial?
Someone might want to utilize a balance transfer offer to consolidate their credit card debt and take advantage of a lower interest rate. For example, if someone has a high balance on a credit card with a high interest rate, they could transfer that balance to a new card with a lower interest rate to save money on interest payments and pay off their debt more quickly.
