0 Interest Balance Transfer Credit Card

The length of the intro apr period.

0 interest balance transfer credit card. Generally the lower the interest rate the more. Balance transfers can save hundreds if not thousands of dollars in fees and interest if used intelligently. Find the best cards and apply today. Clear card in full by end of 0 period to avoid interest always pay at least the monthly minimum repayment don t spend withdraw cash on this card balance transfer interest after 0.

21 9 some will pay up to 24 9 minimum repayment. Balance transfers can be helpful if you choose a 0 interest free or low interest deal with enough time to pay it off such as a transfer period of 14 months or more. The longer the intro period the better. Of course you also need to ensure that you won t be charged a high fee for the balance transfer cancel your previous credit card and don t make any new purchases on the balance transfer card to prevent your debt growing.

Nerdwallet ranks 37 of the top 0 apr and low interest credit cards for balance transfers based on your needs. Summary of balance transfer credit cards. Greatest of 1 of balance plus interest 2 5 of balance or 5 minimum annual income. The average balance transfer credit card has a 0 apr for over 12 months with a 3 balance transfer fee and a 0 annual fee.

The purpose of a balance transfer credit card is to save money and time by reducing the overall cost of credit card debt and allowing you to pay off the balance faster some cards are from wallethub partners.