More about Balance Transfer Credit Cards...
Smart consumers are constantly searching for ways to lower the monthly expense of taking care of their debt. Ideally, we would all pay our balances every month and have no interest or finance charges. But for many that isn’t possible, so the question becomes one of paying the lowest possible interest.
One excellent means of doing this is to search out credit cards that offer low interest rates for balance transfers. Usually these low interest rates are only an introductory rate and are good for a limited period of time. Be aware of what rate you’ll be paying after the introductory period expires, and if it is high, you might want to transfer the balance again.
When you decide to transfer a balance, be certain that you don’t exceed the credit limit on the account you are transferring to. It is also recommended that you still make at least your minimum payment due to the card you are transferring a balance from. That can protect you from late charges if the transfer doesn’t go through before your due date.
How can you find a card that will give you a low rate on balance transfers? CreditSoup.com can help. On this page, we show you a selection of offers to help you find the best deal. Balance transfers can save you a significant amount of money, so take advantage of finding solutions to fit your balance transfer goals in one effortless location.