Credit Cards
recommended by
our experts

Get Cards
Credit Card eZine - News and Articles about Credit Cards

Credit Card eZine - News and Articles about Credit Cards

Get even more information on credit cards? Read our Credit Card eZine. The section is regularly updated by our specialists. Learn all the financial tricks. Know the pitfalls and hidden bonuses. Find out how to transfer balances and accumulate points. We will tell you about the latest offers on the market.Get your credit card education and make the most out of your plastic.

Which Balance Transfer Card Is Right For You? Here’s How To Decide

[May 22nd, 2017]

Paying down debt is one of the best things you can do for your credit score, your financial life, and your peace of mind. But if you have significant credit card debt, it can feel like a burden that will never go away. You just keep chipping away at it, and it climbs higher and higher.

That’s often because of high interest rates, which cause your balance to keep rising even if you’re no longer making charges to your card. No matter how much you pay toward your balance, it seems you’ll still owe something more in interest every month.

If you’re stuck in this vicious circle, you can transfer your balance to a zero-interest balance transfer card and pay it off much faster. But how do you know which one is right for you? There are so many on the market, it’s hard to decide which one to apply for. Here are some guidelines to help you choose.

How long is the promotional period? Every balance transfer offer, no matter how good, will come to an end at some point. The question is, when? Some offers last only six months, while others last for a year or more. In general, the longest offer is the one you’ll want to go with.

What’s the ongoing APR after the promotion ends? Once that 0% rate goes away, how much will you pay on any leftover balance? The lower the better, obviously – but remember, your goal is to pay off the debt before the introductory rate ends, anyway.

How much is the balance transfer fee? Most offers will have a balance transfer fee, but this shouldn’t stop you from applying. A 3% balance transfer fee is worth paying, if you have a lot of debt. However, some cards don’t have a fee at all, and some cards charge more than 3%. Check and see what you’ll be paying to transfer your balance, before you make a final decision.

What are the perks? Once you’ve finished paying off your balance, it’s nice to have a new credit card that gives you cash back, miles, or other rewards for making purchases. You might as well find a card that you’ll want to keep, and use, in the long run.

Share Opinion:   digg   Furl   YahooMyWeb   Propeller   Reddit   Google
[October 24, 2017]
Many people may be familiar with the name Frank Abagnale. Played by Leonardo DiCaprio in the 2002 movie Catch Me If You Can, Abagnale has worked with the FBI for over four decades and advised hundreds of corporations and government agencies about fraud prevention.

Now Abagnale, in his role as the...

[October 05, 2017]
People who love taking advantage of Groupon’s discount offers now have an even better way to save money when using a Groupon – as long as they pay for it with an eligible Mastercard or Visa credit or debit card.

Groupon Plus offers a completely paperless, voucherless option for saving at res...

[September 06, 2017]
If you’re familiar with travel rewards credit cards, you probably already know that Chase Sapphire is one of the most popular ones out there. Their Ultimate Rewards program offers cardholders a one-to-one value when transferring points to airline and hotel loyalty programs, double or even triple p...
* The webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the website are property of their respective owners.
Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions.
We do our best to maintain the information accurate at However, all the credit cards information is subject to change and presented without warranty. See the up to date credit card terms and conditions on the secured credit card application page. Note that may be compensated by credit card issuers when visitors apply for a credit card through the links on this website., an independent, advertising-supported website, receives compensation from the companies whose offers appear on the site. This compensation impacts where and how credit products appear on our site, including, for example, the product listing order in which they may appear on separate pages. does not present or review all available credit or financial offers.
Disclosure: Not an access card.