No Transfer Fees Card 0 Apr

Report of Balance Transfer Credit Cards from SmartBalanceTransfers.com

There is an increase in offers for balance transfer credit cards seen in the recent report for March.  There has also been an increase demand from consumers who seek for balance transfer credit cards that can be used for long-term. SmartBalanceTransfers.com said that current offers have increased duration of 0% APR Balance Transfer Deals which makes more consumers to be attracted to these offers.

There is also found to be an increase in the average balance transfer fees being 3.47% in March compared to 3.36% from the previous report. The duration also increased by 11.64 months as stated in the report. This is affected by the termination of the Discover’s offer on no fee balance transfer as well as the introductory rates being offered by card from Citibank and Dividend.

The use of balance transfer credit cards can help the consumers in settling their outstanding debt within the covered period of introductory rate and also the smaller transfer fee. March is seen as a good month for these balance transfer credit cards since this is a good option to settle any outstanding obligations. This is also considered as a necessity and the duration of either 12, 18 or 24 months provide the opportunity for consumers to gain great benefit with the use of the credit cards.

0% Interest Credit Cards – Truth or Fiction?

If you are looking for a new credit card then obviously 0% interest credit cards hold a lot of appeal for you. Anything at 0% interest nowadays grabs everyone’s attention, for that matter! But as far as these 0% interest credit card offers go, there is a lot of subtle dodging that credit card companies and bank card issuers engage in to ensure you catch the bait.

So just go ahead and admit it. You are hooked. The 0% APR credit cards ad that you just saw in the brochure attached in the morning newspaper has piqued your interest. But seriously … are these 0% interest credit cards for real?

The truth is they are and they are not. There are cards that live up to the promise of a 0% APR credit card, but the truth is that this 0% interest does not last long. It might just be an initial gimmick to get you to subscribe to the card offer and once you’re a cardholder, you have the 0% APR for just a limited time (3 months, 6 months, or if you’re very lucky 12 months) before they start charging you a higher rate of interest. The credit card game is truly an interesting one to watch, but not if you are the suffering player. Read on to know what you can do to make sure you are not the sufferer.

Understanding 0% APR Credit Cards

Yes, 0% APR credit cards do, in fact, hold a lot of enticement. But here is what you must do when you find a 0% APR card that has gotten your attention. Pay attention to the following:

1) How long the no-interest period will last? 3) What will the APR be after the introductory period ends?

When you are done assessing these factors, you can properly compare all of the interest credit card options available.

The Luxuries of Owning a 0% APR Credit Card

If you’ve already accumulated a huge debt on your previous credit cards, there’s good news for you. A 0% APR credit card can benefit consumers bad credit histories in a big way, if (and that’s a big if) they can get approved for the card offer itself. That being said, a 0% APR credit offer allows cardholders to drastically cut down the interest being incurred on existing debt while it can also help consolidate debts on other outstanding high APR card balances. There are typically balance transfer fees associated with this type of consolidation, but if your credit is sufficient enough, you might be able to avoid fees altogether.

Pitfalls of 0 Interest Credit Cards

1) Most 0% interest credit cards offer 0% interest or no interest only for a limited amount of time, which varies between 6 to 12 months.