With the way interest rates are nowadays, it is wise to shop around for a credit card that gives you the best deal be it in the form of airline mileage, free gas, cash back and many more incentives. Going through all the different offers the credit card company has is hard work and time-consuming. Everyone gets credit card offers in the mail. To read all those fine print which is usually written in some form of legal mumbo-jumbo is such a daunting task that all too often, may people just give up.
There is a website called CreditCardBest.com that makes choosing a credit card easier for everyone. They have all information about each and every credit card available online. You can search for credit cards by your spending habits, the kind of credit history you have or your financial goals. If you are looking for a credit card that has the best rates for balance transfers, they have it. They have links for online applications for whatever credit card you choose. This is a complete website for choosing credit cards because they are sorted out for you. Go to www.creditcardbest.com
Balance transfer credit cards are extremely popular among consumers with good credit and there is an explanation to this. Ads insist on the fact that with a balance transfer credit card you will be able to save a good deal of money, since you will get an opportunity to pay off your current balance at zero APR.
However, one should pay attention to a number of features a balance transfer card has in order to choose the most beneficial deal. Many credit card providers apply no annual fee to their balance transfer plastics. This is really a way to save, since usually a balance transfer fee is no less than 3% of the balance transferred. Besides, the balance transfer introductory period is supposed to be enough for you to pay out your debt – about 6 months probably. So, look for the best balance transfer credit cards with an intro period with zero APR on transferring balances.
An important issue which is pointed out by most experts is correct usage of a balance transfer card. The basic rule is avoiding purchases until you finish paying off the transferred balance: interest rates on purchases are usually too high with these cards. As you see, with a wise approach, you can make the best of a balance transfer plastic!