Balance Transfer Credit Cards

Balance Transfer Credit Cards - There are plenty of credit card deals to choose from. But finding a good one takes some work and a bit of close reading. Let's take a look at some of the latest Balance Transfer Credit Cards. Several major credit cards are offering rock bottom, introductory rates on balance transfers. These low intro rates tend to last six to nine months. With some, at times, up to 12 months. Other credit card deals reward you for transferring balances with super-low introductory rates on any new purchases you make with the card as well. Look closely at the transaction fees when considering different balance transfer offers. Avoid credit card offers that charge huge fees. Once you've settled on a balance transfer credit card, go ahead and apply to start the balance transfer process. Be sure to continue making minimum payments on your old card while waiting for a balance transfer to take effect. Balance transfers could take four weeks. Once you've received your new credit card, and the balance transfer has completed, you should do yourself a favor and destroy the old card to avoid using it.