Credit Cards 0 Apr For 15 Months
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Apply For Low Apr Credit Cards And Stop Wasting Money
Comparing low APR credit cards can be your first step towards substantial savings if you currently carry a monthly credit card balance. Let us first define exactly what APR is. APR is short for annual percentage rate and is basically the effective rate of interest that a borrower will pay on a loan.
Stated another way, APR is the total cost of credit that a consumer will pay, including one time fees. It is expressed on an annualized basis to make it easier to compare loan options offered through different lenders. In the United States the lenders, in our case the credit card companies, are required by law to disclose their rates to the consumer.
The concept of APR can be applied to such financial instruments as auto loans and savings accounts as well. Comparing low APR credit cards online is a rather easy task when you go to a quality web site such as Find-Cards-Now.com. It is a secure site that lists well over 130 cards from the top issuers in the industry.
Credit Cards 0 Apr For 15 Months
Transferring high interest balances from existing cards is beneficial for two reasons; first off, the savings realized by transferring to low APR credit cards are immediate. You can literally save hundreds, if not thousands of dollars depending on the size of the balance you carry.
And secondly, because you are paying less out on interest, you will be able to increase the amount you pay on the principle, thereby paying the card off quicker. Of course, this will require financial discipline, but the savings realized is well worth the effort. We would all like to increase our incomes. Sometimes the best way to do that is by cutting expenses.
You will find that most credit card companies will offer low interest cards, including issuers such as Discover Card and American Express. Be sure to read the terms of service carefully. In many cases the interest rate being offered will be an introductory rate that will expire in six months to one year. These are important details that must not be overlooked.
Credit Cards 0 Apr For 15 Months
You need a good to excellent credit rating to be approved for low APR credit cards. If you are unsure of your current credit history, I suggest taking advantage of one of the many services that allow you to obtain your credit score. It is always a good idea to periodically check your credit record.
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Credit card with 0% APR on balance transfers for life?
I am looking for a credit card that has a 0% APR on balance transfers for the life of the transfer, preferably with not balance transfer fee. I have searched MANY sites and only found 0% for the first 6, 12 or 15 months then the regular APR (usually like 15% or so) from that point on. Can anybody recommend a card that will do this?
I do not receive offers through the mail…I signed up to stop receiving those (figures that as soon as I do I would like to have one lol). My credit rating is excellent, so I should have no problems getting almost any card.
Most of the answers above are spot on. (there is no free lunch)
1. you either get a 0% deal on balance transfer for a fixed period – 12 months is a good deal.
2. Or you get a fixed rate (above 0%) for the life of balance. Many American Express Cards have the fixed rate for life of balance offer. In fact, they are actually the one that started this. Examples of amex cards that offer fixed rate for life of balance are :
1. Blue
2. Blue Cash
Both give you a 0% apr on purchases and 4.99% apr on balance transfers for life of transfer.
Hope that helps.
Any tips on re-negotiating APR on credit card, or extending the 0% deal?
I currently have a Washingto Mututal credit card that still has 0% APR until September 2007. I’ve been using the card but paying it in full every month. When the 0% expires, the APR will go up to 9.9%.
I applied for an American Express Blue card because of the 0% offer up to 15 months. I received it today and the offer is only good for 6 months, then my APR will go up to 19.23%.
Can I re-negotiate extending the 0% offer with either of these cards? Any tips on doing that? Is there also a way to re-negotiate my APR with American Express, or should I just cancel that card? (People told me AMEX is a good card to have, but I think the APR is ridiculous compared to my other card!)
These cards will only be used in emergencies and will pretty much be paid in full each month. Also, my credit score is in the 730 range. Any advice would be appreciated!
Discover card, 0% apr for 15 months?
i got my first credit card.. 0% apr for purchases(and balance transfers) for 15 months.. i tried asking this question to the lady on the phone when i activated it but she was talking complete gibberish.
im planning on moving soon, and i wanted to use the card to pay for the movers, gasoline, plane tickets, etc… and i was wondering if i payed at least the min balance on time every month, and if i got however much i end up spending all payed off within the introductory 15 months of 0% APR…
would there be any penalties or hidden interest or what-have-yous after the into period ended? like losing my grace period and all that jazz?
seriously.. the young lady at discover was talking a high-pitched lighting fast bunch of numbers and gibberish… anyone able to explain this in writing where i can understand it?
thanks- though i dont have any other cards so i wont be needing to transfer any balances…
awesome.. thats what i was hoping… im going to put as much money as i can into savings before moving.. and i HOPE i get a job ASAP.. but yeah.. not sure… i dont plan on spending any more than i have to on it.. but im not sure how much it will all cost.
Should I get a HELC or refinance to a 0% apr for 15 months credit card with 4.9% balance transfer for life?
We have $14.5k cc debt, $6.8k car loan, 1.5k other debt. We have $86.5k left on mortgage. The house is worth $130k. The car loan is at 5.99%. $14.5k of the cc debt is at 11.9%. the other 1.5k is 0% so we are not worried about that. We are debating on whether we should get a HELOC (7-8%) or try for a cc that is 0% for 15 months that has 4.9% on life of balance transfer. The HELOC has tax advantages but higher rates than the cc. Which do you think we should get? Another note is we want to sell our house mid next year.
Are those 0% APR credit cards for real?
I got a credit card offer in the mail from Master Card saying I can get 0% APR on all transfered balances for 15 months. I want to transfer 2 credit card balances on this card. Are there any secrets I dont’ know or fees that I’m not aware of. Because to my understanding, that means I’ll have a flat balance with no interest on it, so I just pay on the balance, no interest. Is that right?
it was easy until you said you were going sell — leave car where it is and transfer the rest to a credit card — hope you can get what you need out of your house!!!!
Yes, I got a Premier Platinum VISA with a 0% APR on purchases and balance transfers until June 2007. After the introductory rate expires, the variable rate will be 6.99%.
If your card is in one of these offers, you can paid the minimum required each month or more and leave a balance without any interest. But it must be pay in full before the introductory rate expires.
No penalties whatsoever if you pay in full before that 14 month period
(it’s not 15 statements, since they start counting the date you opened the account)
If you are late, even once, then… all the benefits may go away.
Why do they do this? They know that 99.999% of the population will not be able to pay that large lump sum at the end of the 14 months. Then… they got you! You become a slave to paying interest.
One more thing: Anytime you use more than 30% of your available credit limit, you are reducing your credit score. Ex: $5,000 limit, never use more than $1,500 at any time.
Remember that employers check, so do landlords and car insurance companies.
Careful how you treat credit
Also, balances transfers may have 0% interest, but there is a 3 to 5% fee for the balance transfer
I heared if you contact the credit card company directly they may extend the offer. The APR is pretty high for the AM EX. I would see if your local bank has an offer to make.