Welcome to the Low Balance Transfer Credit Card Site, where you can get the latest information on Low Balance Transfer Credit Cards, zero balance transfer credit card, and balance transfer rewards to get out credit card debt. We may even highlight credit card offers that feature a low introductory 0% APR interest rate on credit card balance transfers, which is immensely helpful during the credit crunch. You can transfer your balance from both Visa and Mastercard.
The latest development in the world of credit cards is a painful, albeit useful one. Thanks to the credit card act of 2009, credit card issuers must reveal to their customers exactly how long it will take to clear a balance by making only the minimum monthly payment. It’s called truth in lending.
However, like it or not, this ongoing recession is biting us on our collective bums. Cutting our plastic is truly not an option. Grated, I’m not advocating irresponsibility, but nothing beats credit cards in terms of a steady, reliable cash flow. That’s why you need a smart way to play the game. This is when low balance transfer credit cards come in.
Are you carrying a balance on your credit card from month to month and are seeking a way to save your hard-earned money from those vice-like staggering interest payments? Then a zero balance transfer credit card is the way to go. The concept is pretty straightforward. An introductory offer with low interest on balance transfers is sent to you. This enables you to finance your balance while saving money on interest. Now… What’s the best low balance transfer credit card for your needs?
Balance Transfer HSBC Credit Card
HSBC has one of the best rates for a balance transfer program. With a HSBC credit card, the options for balance transfer are amazingly flexible. You can opt for 3 months, 6 month and perpetual BT options. The Perpetual Balance Transfer program is highly unique, where you transfer your balance once and then benefit thereafter! You can enjoy the lower interest rate till the entire transferred balance is paid off, with no-pre-defined term. Interest on the transferred balance will be charged only at 15.96% p.a. for Platinum Credit Cards and at 18% p.a. for Gold and Classic Credit Cards. Furthermore, you can opt to do a balance transfer on either the phone or the internet.
Visa Balance Transfer
If you’re not careful, errant balance transfers can hurt your credit card file. That’s why you need a Visa credit card balance transfer rate that’s reasonable and more importantly, affordable. You should even consider reversion rates and annual rates. Here’s the most important portion of this article — there may be hidden fees to execute the balance transfer even though no interest rates are charged. Worst, when the introductory offer terminates, insane interest rates will magically appear, often without warning. Don’t fall into another credit card trap again.
Citibank Balance Transfer Credit Card
Citibank is another attractive alternative in this big bad world of credit card balance transfers. One plus point includes 0% APR on balance transfers and other purchases for up to a generous 15 months. Like other popular cards, it has no annual fee. One of the cool benefit is the Citi® Identity Theft Solutions, where you can protect your identiy. You also enjoy $0 Liability on unauthorized purchases and secure, free online account management. To put the cherry on the top, you can get Extra Cash from Citi and enjoy significant discounts on gift cards, travel, and merchandise.
Balance Transfer Rewards
One intriguing thing is that besides an introductory 0% APR and managing one’s debt, you can get really generous balance transfer rewards as well with a certain number of cards. An attentive cardholder can keep track of these offers and transfer balances without incurring high interest charges. These credit cards include the Starwood Preferred Guest® Credit Card from American Express, Platinum Delta SkyMiles® Credit Card from American Express, Visa Black Card, Discover® More® Card and IberiaBank Visa® Platinum Rewards Card. Rewards including dining, airfare and lifestyle privileges that will blow your mind.
Mastercard Balance Transfer
Transferring your outstanding to your Mastercard is a recommended strategy if you’re struggling with credit card debt. As in the case with most reputable Mastercard credit cards, you’re able to do a balance transfer over the phone. Call your 800 number and follow the instructions to reach a customer service representative. The process is fairly straightforward, although you need to take into consideration hidden factors like balance transfer fees, annual fees and changing interest rates.
0% Balance Transfer Credit Cards
Zero balance transfer credit card can be your lifeline, although only temporarily. A no free balance transfer can be antidote in the housing bubble, the sub-prime crisis, rising inventory and plummeting home values. There’s a lot of good balance transfer credit card deals if you look online. One such opportunity is the Bank of America Home Advantage World MasterCard. Having said that, it may be a good idea to thoroughly review a credit card’s term before applying for it.
These are your considerations when you embark on the journey of finding the perfect low balance transfer credit card offer.