O Apr Balance Transfer Credit Card
This temporary promotional rate may give you a way to reduce or pay off credit card debt at a lower interest rate sometimes even as low as 0.
O apr balance transfer credit card. While technically the same as other cards most so called balance transfer cards come with introductory apr offers that allow you to carry a transferred balance for more than a year with no interest. 0 introductory apr for 18 billing cycles for purchases and for any balance transfers made in the first 60 days. Nerdwallet ranks 37 of the top 0 apr and low interest credit cards for balance transfers based on your needs. After the intro apr offer ends 12 99 22 99 variable apr will apply.
For consumers with good credit the best tool for consolidating credit card debt may surprisingly be another credit card. A 0 apr balance transfer credit card to be exact. 0 intro apr for 18 months on purchases from date of account opening and 0 intro apr for 18 months on balance transfers from date of first transfer. After that the variable apr will be 14 74.
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. During the intro 0 apr period you won t be charged interest on new purchases or balance transfers. Some cards come with an introductory balance transfer apr offer that you get when you transfer credit card debt to their card from an existing credit card. 2020 s best balance transfer credit cards below are our picks for 2020 s best 0 balance transfer offers.
A 0 apr credit card offers no interest for a set amount of time usually 12 to 21 months.