| Finding a quality 0% APR balance transfer | | | | |
| credit card has never been easier. The | | | | 4) Check to see if there is an annual fee |
| Internet makes comparing balance transfer | | | | charged |
| offers from banks and credit card companies | | | | |
| such as Chase, American Express, Bank of | | | | 5) Find out if there is a balance transfer |
| America and Discover Card a snap. There are | | | | fee |
| many quality web sites that will allow you to | | | | |
| check out the various credit card deals in an | | | | 6) Find out what the credit limit is |
| efficient manner. | | | | |
| | | | These are the main criteria for choosing your |
| Could you just imagine spreading out all the | | | | balance transfer credit card. These terms can |
| credit card solicitations that come through | | | | be found on the application that accompanies |
| the mail on the kitchen table and attempting | | | | the offers. Please read them carefully. Far |
| to sort through them? Yeah, I'll take a pass | | | | too many individuals simply skip over the |
| on that too. But now, thanks to the World | | | | terms and conditions from the banks and |
| Wide Web, finding a 0 APR balance transfer | | | | issuers and suddenly find themselves having |
| card that fits your financial needs is as | | | | to pay rates and fees that they never |
| easy as doing a search using your favorite | | | | bargained for. Don't make this expensive |
| search engine such as Google or Yahoo. | | | | mistake. We hate surprises. |
| | | | |
| An individual consumer or business owner may | | | | Balance transfer fees are pretty much a |
| have several reasons for wanting to transfer | | | | foregone conclusion. Almost all issuers |
| balances. Chief among these reasons is the | | | | charge them. They usually run around 3%. But |
| desire to save money by taking advantage of | | | | as for annual fees... there is no way you |
| special rates. Many credit card issuers offer | | | | should pay for these. If a 0% APR balance |
| 0% APR balance transfer credit card | | | | transfer credit card that interests you has |
| introductory rates that last anywhere from 6 | | | | an annual fee, skip it. Look elsewhere. Make |
| to 12 months. I have even seen some offers | | | | sure that the credit limit will cover the |
| that last for as long as 15 months. Advanta | | | | amount you want to transfer as well. |
| is one such offer. | | | | Following these steps can mean substantial |
| | | | savings. And I'm all for that. |
| Now here is what you will want to look for as | | | | |
| you compare the various offers: | | | | As a financial advisor, Morgan Hamilton |
| | | | dispenses helpful advice and valuable tips |
| 1) Is the rate being offered an introductory | | | | with regards to the credit card industry |
| rate | | | | including information about finding a quality |
| | | | 0% APR Balance Transfer Credit Card. |
| 2) How long is the introductory rate good for | | | | Judiciously using 0% APR Balance Transfer |
| | | | Credit Cards can be an extremely effective |
| 3) What will the interest rates be when the | | | | way to save money. |
| intro period expires | | | | |