With so many competitive balance transfer deals reverting to higher rates after the honeymoon period, a lot of people consider jumping from offer to offer as a way to cut costs and clear their debts.
Any card can offer people a special balance transfer rate for the first few months, but a lot of them jump to a much higher cash advance rate at the end of this period. (more…)
While many different credit cards offer balance transfer deals, the Aussie credit card has a reputation for longer low rate options.
Unlike other credit card providers, who may decide to change the rates or length of a balance transfer offer throughout the year, Aussie has opted for more consistency.
For years this MasterCard option has provided low introductory rates on balances and purchases for the first 12 months, before reverting to a low ongoing rate that is applied to both balances and new charges. (more…)
Switching credit cards used to be a time-consuming and highly stressful process but now, with most issuers offering balance transfer deals, the hardest part for many people is deciding on the right card.
While specific offers change frequently throughout the year, there are always a few features, like the ones below, that will help make the search for the best balance transfer as successful as possible. (more…)
When interest rates or multiple credit cards become too much to handle it may be time to consider transferring the credit balance over to a more manageable option.
While most people are aware that there are credit card offers specifically designed for balance transfers, these deals may not be right for everyone.
Fortunately there are a number of balance transfer options worth considering, like the three below, which can help you pay off the debt without so much stress. (more…)
Many people have more than one credit card to their name and unfortunately this can lead to more risks of debt.
But there are times when it can be convenient to keep more than one card, so deciding whether or not you should transfer card balanced over can often require more than just a “yes” or “no” answer.
Someone who keeps a second credit card in case of emergencies, for example, will have to weigh up the advantages and disadvantages of getting rid of the card even if they are carrying a balance on more than one card. If it has worked well in the past and it is a card with no annual fee, then switching to a new card might not fit into their lifestyle as well. (more…)
