The following cards offer no or low interest for 6 to 12 months on balance transfers.
There are a few types of no fee balance transfer credit cards that are available. These are normally introductory rates. This includes the Capital One card.
A no balance transfer fee typically will refer to two credit cards. It is saying that if you decide to switch your credit card balance from one card to another you will not have a fee associated with that transaction.
Many banks offer a no fee on their credit cards. For example, banks such as Natwest, RBS and Halifax all currently offer a no fee Balance transfer on their credit cards.
Currently the top three credit cards for balance transfers are Barclay Card who have a 0% balance transfer for 27 months with a 2.98% fee, Virgin who have a 0% balance transfer for 26 months with a 2.99% fee and third place is a tie between NatWest Platinum and RBS platinum credit card as both have 0% balance transfer for 26 months with a 2.65% fee.
Finding a credit card that has no balance transfer fee may be easier than getting one. The Citi Simplicity card, Discover It, and Citi Diamond Preferred cards are all cards with no balance transfers.
Slate from Chase is a credit card that has a 0% balance transfer fee. The introductory offer lasts for fifteen months from opening the credit card account.
Any card branded with Capital One will generally be a no transfer fee credit card. Some other recommended no transfer fee credit cards includes the Visa Platinum and the Barclay Ring Credit cards.
One of the most popular zero balance transfer credit cards in Canada is the MBNA Platinum Plus Master Card. This card also has a zero percent annual fee.
It is impossible to qualify for credit cards with 0 interest. You can read about why at www.creditcards.com › Credit Card News › Credit Card Help or www.moneybluebook.com/0-balance-transfer-credit-cards-no-fee/
Research has shown that there are a wide range of credit cards that offer a zero balance transfer fee. Some of the cards offering this are the Capital One Platinum Prestige card, City Simplicity card, Discover it, Citi Diamond Preferred card and Slate from Chase.
One would start by asking his local banking operation for such a credit card. Failing that, one could look into acquiring prepaid credit cards that have no balance transfer fees.
When transferring a balance from one credit card to another, a transfer fee is usually charged. This fee is a percentage of what ever the balance is. A higher balance means a higher fee.