Things to Consider Before Transferring a Balance
Balance transfer allows you to move the money you owe on credit cards to another card, usually with a lower interest rate. Good balance transfer credit deals offer a long introductory period with 0% APR or a fixed low ongoing APR.
Another thing to consider is a balance transfer fee. Some banks do not charge this fee, but most balance transfer cards come with a balance transfer fee of around 3% of each balance transfer.
Also, do not forget about the ongoing interest rate. Make sure it won't shoot up or instead of a profitable credit deal you will get a plastic with unmanageable interest rate.
Now, when you know some basics of balance transfer credit cards, you can easily make the choice. Our site is ready to help you to make the right decision or you can make your own credit offers research and apply for a suitable one online!