Is a Balance Transfer Credit Card right for you? Kirsten Thuringer January 27, 2017 • 1 Minute Read Credit Cards It’s January and the holiday season has come to a close, except for those credit card bills that are starting to roll in from the shopping, parties and traveling expenses. Many Americans expect to rack up debt during the holiday season and assume it will take months to pay it off. The amount of debt accumulated during the holiday season can lead to greater financial stress, as well as a greater likelihood of incurring additional debt. If you’re finding yourself in this situation, rest assured there may be money-saving options for you. Balance Transfer Credit Cards are not for everyone but they can be a money saver when used in the right situation. These credit cards are best used to transfer your current credit card balance with a higher interest rate to and then pay it off within a few months or within the intro period. Credit cards like the Barclaycard CashForward™ World Mastercard®(Offer Expired) currently offer a 0% introductory APR for 15 months on balance transfers made within 45 days of account opening. So if you transfer your current credit card balances onto the Barclaycard CashForward™ World Mastercard®(Offer Expired), you’d have 15 months to pay off your balance before paying any interest on your transferred amount, which could save you a lot of money in interest. Along with the balance transfer benefits, the Barclaycard CashForward™ World Mastercard® (Offer Expired) also offers additional perks, including the ability to earn unlimited 1.5% cash rewards on every purchase. Plus, every time you redeem rewards, you get a 5% cash rewards redemption bonus to use toward your next redemption or you can redeem your cash rewards for a deposit into your bank account, a statement credit or gift cards. Redemptions start at just $50. To check out more of these great benefits for the Barclaycard CashForward™ World Mastercard® (Offer Expired) go to CreditSoup.com! Follow Us Here! #BalanceTransferCreditCard Editorial Disclaimer: Information in these articles is brought to you by CreditSoup. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles. The information is accurate to the best of our knowledge when posted; however, all credit card information is presented without warranty. Please check the issuer’s website for the most current information.