This is what everyone wants these days, and luckily there are still credit cards out there that offer it. They still offer this because they know that there are those credit cards out there that offer 0% on balance transfers for a fee; and as long as there is competition like this then there will always be something better…
Most of the credit cards that offer 0% interest on balance transfers for 13-15 months or more have a fee attached to them of about 2-3%. This really isn’t worth the fee when you consider that you’re only get a maximum of 3 extra months interest free. This is because you can nearly always get 12 months at 0% interest on your balance transfers from other credit cards, without a fee.
It’s best to go with a 12 month credit card and then if your credit rating is secure enough, you can tart your balance over to yet another 12 months interest free credit card. This way you can settle your balance without paying any interest (and more importantly no fee) for two years. Now that has to sound tempting for some people. How much could you get off your credit card balance in two years if you were not paying any interest at all? A good lot i’ll bet!
Tags: 0transfer, balance transfer, credit cards