Easiest Best Balance Transfer Cards

Consider spending habits, financial history when shopping for a credit card

If you’re looking to start your credit history or reestablish credit, or if your credit score is below 650, you might find it easiest to start with a card from a department store or anywhere you shop often — even Costco or Amazon.com . Or you can try a secured card, where you put down a set amount of cash as collateral, say $500, and that becomes your credit limit. If you already belong to a credit union — and there are lots of good reasons to do so — this should be your first stop for a secured card. After a year making regular payments on a secured or store card, you should be able to transition to an unsecured card.

If you pay off your bill every month, without fail, it could make sense to look for a rewards card — airline miles cards, and cash-back cards are among the most popular. However, take note that recent research shows that belonging to a rewards program tends to increase both spending on the card and credit card debt. For that reason, I tend to skip rewards cards and limit my use of credit overall.

How To Get Zero Interest Credit Cards - How to do just about ...

Zero interest charge cards are probably the most under-utilized way to get on one’s financial feet. There’s plenty of advice available on using lower interest debt consolidation loans to consolidate credit debt and reduce monthly payments.

However, very rarely do we hear the suggestion that we can get away with paying no interest at all unless someone is trying to sell us furniture on a buy now and pay later basis. Yet, special zero rate credit card offers provide a fantastic way to significantly reduce monthly expenditure on charge cards as well as to get out of debt sooner.

You don’t have to be a materialistic, greedy individual to find yourself overspending on credit cards. So many things can go wrong in this high cost society that can increase our credit card debt. Serious illness, emergency repairs and job loss are just a few common situations that can cause our credit card balances to soar.

Most of us hope that things will get better and we will be able to catch up later, unfortunately the higher our credit card balances, the higher our monthly payments. This increasing monthly cost can keep us poor and make it difficult for us to ever get back on our feet. The largest part of our monthly charge card payments are interest charges.

Therefore, it only makes sense to reduce our interest costs as much as possible and you can’t get lower than zero interest. By simply transferring your charge card balances to one of the many available zero interest credit cards you will be able to save your interest charges for a given, introductory period of time.

There so many introductory credit cards available that it can be difficult to sort through them and choose the best one for your needs. It is important to choose an offer with low balance transfer fees and a long introductory period during which you do not have to pay any interest at all.

The easiest way to find zero interest charge cards is to use a professional online credit card service which has already done a lot of the hard work for you by finding the best deals. These sites not only give you a number of credit cards to choose from, they also offer online applications to make things convenient and easy.

However, to truly make the most of zero interest charge cards, you can keep transferring the balance to new zero rate offers before the end of each introductory period. If you do this, you will never pay interest. Unfortunately, with the best will in the world, life tends to take over and we can easily forget to transfer the balance before interest payments kick in.