Balance Transfer Cards Opinion

Navy Federal Announces Balance Transfer Offer

VIENNA, Va., April 5, 2011 / PRNewswire-FirstCall / - Navy Federal Credit Union now offers a balance transfer credit card for 0.00 percent fixed rate in April is 12 months and no fee balance transfer.

This is a limited supply in the time available on any of the programs of the Navy Federal Credit Card. Interested parties may request a balance transfer to www.navyfederal.org toll free 24 / 7 direct telephone or by visiting one of our branches.

"This is an unprecedented offer in the card industry today," said Randy Hopper, Director Navy Federal credit card portfolio. "While other issuers have 0 percent offers balance transfer rates, they generally include transfer fees balance of 3 to 7 percent, which can cost owners up to $ 350 on a $ 5,000 balance, but offer the Navy Federal is no charge. "

The balance transfer offer is available for maps of new or existing Navy federal credit union. Current holders of credit card can apply for a credit line increase if needed for balance transfer offers.The offer is only valid for balances transferred from other card issuers.

Standard rates between 7.99 percent and April 18 per cent, are variable and are based on an assessment of credit history.

About Navy Federal Credit Union

Navy Federal Credit Union is the union of the world's largest credit from $ 44 billion in assets, more than 3.6 million members, 213 branches and over 8,000 employees worldwide. The credit union serves all personnel of the Department of Defense civilian and military and their families. For more information about Navy Federal, visit www.navyfederal.org.

SOURCE Navy Federal Credit Union

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Question about Paying off a Credit Card? - Debt Relief

Try calling the card and ask if they will lower the interest rate. Some companies will do once a year or every two years if you ask, but they will not tell you. If cuts in their profits.

If this does not work, Capital One has some cards that have balance transfers free, and you can enjoy one with a lower rate, I recommend that you make available to them. You can also buckle down and make more payments. You may have to sacrifice a little, but you do not want to pay twice what you think about what you bought on that card. Debt-free is very nice.

I feel your pain. While other posters have good suggestions, I recommend you keep plugging away at it. I had high bills credit card, and sometimes it seems that the balance will never go down.

First, you must stop using the card. I only use mine for car repairs that I did not have enough cash to pay. I put all the money I put down and the remainder on the card. Recently I had a repair bill for over $ 1k. I paid less than a month. I found the key to staying with it and you will see results.

The problem with the jumps of credit card, a rate cut is that it could ruin your credit rating. Msn.com has a very good informative articles on this subject. I like their personal finance section.

Good luck!