Content with tags:
Balance transfer credit cards are useful for clearing debts, but they have demerits like interest, transfer rates, and high penalty charges. However, there are options with 0% introductory rates that eliminate interest charges over a specific period. Here's a list of the best balance transfer credit cards in the market.
Unlike the two cards tackled above, Citi Simplicity credit card is a balance transfers card with extended 0% APR Offers. Therefore, its 0% introductory APR is not limited to the first 15 months, but the first 21 months from the first day of the first balance transfers. While this sound like a good deal, clients of this balance card transfer card are subjected to affordable APR charges after the first 12 months. Luckily, there are no penalties for late payment and no charges for an annual fee. However, there is a 3% foreign transfer fee for clients doing foreign transactions. There are numerous credit cards for balance transfers with amazing offers other than the ones listed in this piece. However, clients should not take advantage of the awesome rats and ruin their creditworthiness. The reason is that some of these great no-fee balance transfer cards have penalties. You do not want to become a victim of these penalties once you become the company's client. For your safety, it is, hence, recommended to choose the best card and work on your creditworthiness for better services and rewards.