Best Credit Cards Company
Beware Of These 0% Card Tricks!
Since the advent of 0% balance transfer on cards, millions of people have taken advantage of enjoying borrowing money at 0% for an extended period. How it works is that you transfer an existing credit card balance across to a new card and enjoy 0% interest on it for a set period of time.
This is certainly more attractive than paying a typical 16% interest. However, like all good things that appear to be free, do be aware of catches.
Many lenders now will charge you a handling or admin fee for the balance transfer. This can be around 2 or 3% of the value of each transfer. Do check out with the individual credit card provider as to how much they charge as these fees do vary.
Recent research from Marks & Spencer Money showed how in some cases, people who make use of 0% deals are worse off than if they kept the debt on their existing card! So do your sums first to see if it really is worthwhile transferring your balance.
Finally, check whether the credit card provider charges interest on the actual balance transfer fee. You’d be surprised how many do in a bid to make some money back out of you.
| 0% Credit Cards Transfers : 0% credit cards uk ... to find out the specifics of the deal such as: is one mile flown equal to one free mile? this is usually ... world can be quite dangerous and there are a lot of criminals out there who want easy money Credit Card Offer : credit card with poor credit ... be knowledgeable of the cost of all balance transfers ... you do it right, this is a great opportunity for you to save money and pay your balance off quicker! Apply For Credit Card : credit cards with ccjs ... thinking of becoming a credit card jumper, you need to be well informed ... give some top tips on finding your perfect plastic partner |