What Does 0% Balance Transfers Mean For You?
Everywhere we look today it seems we're seeing credit card offers for low interest, low APR, 0% APR balance transfers or 0% introductory APR.
These all sound great to us.
After all, who doesn't want low interest on their credit cards and 0% balance transfers sounds even better.
Do you really know what these credit card offers are offering? Read ahead and hopefully you'll have a better understanding so you'll know which of these cards are best for you.
Credit card offers that offer you low interest should definitely be given some thought.
If you're going to be using credit cards, you may as well choose those that are going to save you money.
Offers for business credit cards with low APR are particularly attractive to business owners, particularly small business owners or businesses that are just starting out and trying to save money.
Offers of 0% intro APR can also be very appealing to consumers that have other credit cards that not have low interest.
Consumers have the opportunity to transfer the balance on their other credit cards to their new low interest credit cards.
Instead of making many credit card payments, they now only need to make one monthly payment.
Not only are they saving money due to making less monthly payments but they are also not paying any interest on their balances, at least during the introductory period.
Business credit cards with 0% APR balance transfers offer a great opportunity for the business owner to pay off previous business related credit cards and start fresh with one low monthly payment.
After the introductory period is over, the business credit cards may still offer a low rate.
With these offers, the payments are easier to make, which improves credit scores for most consumers.
Consumer and Business cards offering no interest with balance transfers offer great opportunities, but consumers should be sure to read all the fine print so they know when the introductory period will expire and if the credit card will indeed be a low interest.
Knowing when the introductory offer expires gives them the chance to pay off balances before they are charged interest.
Whether you're applying for personal or business, always look for the best deals overall not just during the introductory period.
These all sound great to us.
After all, who doesn't want low interest on their credit cards and 0% balance transfers sounds even better.
Do you really know what these credit card offers are offering? Read ahead and hopefully you'll have a better understanding so you'll know which of these cards are best for you.
Credit card offers that offer you low interest should definitely be given some thought.
If you're going to be using credit cards, you may as well choose those that are going to save you money.
Offers for business credit cards with low APR are particularly attractive to business owners, particularly small business owners or businesses that are just starting out and trying to save money.
Offers of 0% intro APR can also be very appealing to consumers that have other credit cards that not have low interest.
Consumers have the opportunity to transfer the balance on their other credit cards to their new low interest credit cards.
Instead of making many credit card payments, they now only need to make one monthly payment.
Not only are they saving money due to making less monthly payments but they are also not paying any interest on their balances, at least during the introductory period.
Business credit cards with 0% APR balance transfers offer a great opportunity for the business owner to pay off previous business related credit cards and start fresh with one low monthly payment.
After the introductory period is over, the business credit cards may still offer a low rate.
With these offers, the payments are easier to make, which improves credit scores for most consumers.
Consumer and Business cards offering no interest with balance transfers offer great opportunities, but consumers should be sure to read all the fine print so they know when the introductory period will expire and if the credit card will indeed be a low interest.
Knowing when the introductory offer expires gives them the chance to pay off balances before they are charged interest.
Whether you're applying for personal or business, always look for the best deals overall not just during the introductory period.
