answersLogoWhite

0

Using credit cards for money transfers can offer convenience, security, and rewards. However, it can also lead to high interest rates, fees, and potential debt if not managed responsibly.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

What are some credit cards that offer free balance transfers?

There are many credit cards that offer free balance transfers. Credit cards such as the 'Discover it Card' and 'Citi Diamond Preferred card' offer free balance transfers.


What are some good examples of credit cards used for balance transfers?

Some good examples of credit cards used for balance transfers are Citi Bank and Capital one. These cards offer low or no rates with account transfers.


What credit cards offer low interest balance transfers?

The credit cards that offer low interest balance transfers are from Bank of America, Wells Fargo, Chase. There are many credit cards that offer 0% interest.


Where can one find information on how to make transfers between credit cards?

A person can find information on how to make transfers between credit cards on the individual credit card's own website. Each website will have a specific section devoted to transfers.


What companies offer the best credit cards for balance transfers?

Companies that offer the best credit cards for balance transfers include NerfWallet and moneysupermarket. Both websites offer all kinds of credit cards which are rated with the best ratings in the world.


What are some of the main credit cards that allow balance transfers?

There are many options available for those looking for credit cards that can balance transfers. Visa and MasterCard both offer balance transfer cards through many different institutions.


What credit cards offer good balance transfers?

There are a variety of credit cards that offer good balance transfers to people. Some of these cards include: Slate from Chase, Citi Simplicity card, Discover it, and Capital One Platinum Prestige.


What are typical fees associated with making a balance transfer between credit cards?

Most of the major companies have a 0% fee for transfers. Contacting your specific credit card company about this matter will give you the best results.


What would be the benefits of having credit cards with Citi Bank?

Citi Bank offers many credit cards that do not have annual fees, but also offer 0% APR transfers for 12 months. They also give their members reward points to redeem for numerous prizes.


What are airline credit cards and how are they different from regular credit cards?

Airline credit cards are credit cards issued by airlines. They have no real benefits over regular credit cards, apart from the fact that you can collect Air Miles with them.


Where are the Credit cards with a no fee balance transfer?

The following cards offer no or low interest for 6 to 12 months on balance transfers. http://clicky.me/balance-transfers


What credit cards offer 0 balance transfers on balances from other accounts?

Many credit cards offer 0% on balance transfers from other accounts. Some of these credit cards include the Citi Simplicity Visa Card, Citi Diamond Preferred Card, Discover it, and Chase Freedom Visa.