Every year, the holiday season comes and goes. It starts with the flurry of retail sales that surround gift buying as well as the increased personal consumption triggered by the best deals of the year. But for many Americans, the holiday season ends with new debts and rising interest charges.
This year, you can take advantage of some very attractive finance offers in order to cope with your holiday debt and avoid interest charges:
1. Citi Simplicity.
When you have outstanding balances on your credit cards, you can avoid interest charges by transferring them to a new account with 0% financing on new purchases, balance transfers or both. The Citi Simplicity has recently lengthened its interest free balance transfer offer to 24 months. That gives you a full two years to pay off your transferred balances before incurring interest charges, but there is a 3% balance transfer fee.
This card also offers new applicants 12 months of interest free financing on new purchases. And true to its name, it has no late fees, no penalty interest rate and no annual fee.
2. Chase Slate®.
This card offers new accounts 15 months of interest free financing on both new purchases and balances transfers, with no fee for balance transfers completed within 60 days of account opening. This card also comes with access to Chase’s innovative Blueprint program which allows you to pay off some charges without interest, while carrying a balance on others. Blueprint also contains powerful budgeting and goal setting tools. There’s no annual fee for this card.
3. Citi Double Cash.
This card allows you to receive valuable a promotional financing offer as well as very strong rewards in the form of cash back. It features 18 months of interest free financing on both new purchases and balance transfers, with a 3% balance transfer fee. It also offers up to 2% cash back on all purchases within no limits. You earn 1% cash back when you make a purchase, and another 1% back when the purchases are paid for. There’s no annual fee for this card.
4. Chase Freedom®.
This card starts you off with a $150 bonus after you spend $500 on new purchases within in the first three months of account opening. It also offers 15 months of interest free financing on both new purchases and balance transfers. This card comes with a 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5. After that 60-day period, the balance transfer fee is either $5 or 5% of the amount of each transfer, whichever is greater. You can also earn 5% cash back on up to $1,500 in combined purchases from featured merchants and merchant categories. You earn 1% cash back on all other purchases, and there’s no annual fee.
5. Chase Freedom Unlimited®.
Like the standard version of the Chase Freedom®
card, the Chase Freedom Unlimited® card features a 0% intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.74% to 25.49% applies. This card comes with a 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5. After this 60-day period, a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater applies. You can also earn a $150 bonus after you spend $500 on purchases in your first 3 months from account opening. Instead of earning 5% cash back on up to $1,500 in combined purchases from featured merchants, you earn a flat 1.5% cash back on all purchases, with no limits. There’s also no annual fee for this card.
6. Blue Cash Everyday® Card from American Express.
This card offers new applicants a $150 sign-up bonus after spending $1,000 in new purchases within three months of account opening. You also get a Low intro APR: 0% for 15 months on purchases and balance transfers, then a variable rate, currently 14.49% to 25.49%. This card also features 3% cash back on up to $6,000 spent each year at U.S. supermarkets, 2% cash back at U.S. gas stations and select U.S. department stores, and 1% cash back everywhere else. There’s no annual fee for this card.
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