Interest Free Balance Transfers Credit Cards
The average balance transfer credit card has a 0 apr for over 12 months with a 3 balance transfer fee and a 0 annual fee.
Interest free balance transfers credit cards. Most balance transfer credit cards in australia offer 0 interest for the promotional period but others will offer a low rate such as 2 99 p a. Credit card balance transfers are new cards which you can apply for and once approved your existing debt from one card moves to the new card. Generally the lower the interest rate the more. A balance transfer credit card which allows you to move the balance from your current cards over to a new card with a lower interest rate some as low as 0 can be a good strategy for you.
The purpose of a balance transfer credit card is to save money and time by reducing the overall cost of credit card debt and allowing you to pay off the balance faster some cards are from wallethub partners. Credit card interest rates hover around 20 per annum so transferring your balance can save you hundreds or thousands a year on existing credit card debt. Find the best 0 balance transfer credit card for your needs. A balance transfer lets you save on existing high interest debt by transferring your balance to a card with a lower interest rate or one with a 0 apr offer on balance transfers.
Compare credit card balance transfers and pay 0 interest on the debt you transfer.