0% Balance Transfer Credit Cards

Have you heard any of your friends talking or seen the adverts on TV for 0% balance transfers credit cards? If you have and you have not yet considered whether you would be better off by transferring your credit card balance then you may be missing out and costing youself alot of money!

A credit card balance transfer can slash huge amounts off the total repayable amount on your credit card borrowings. If you have a substantial balance on your credit card or store card and assumuing the fees will not exceed the interest savings then you would save money (and perhaps a lot of it) if you performed a credit card balance transfer.

There are quite a few other articles on the web and this website that explain what 0% balance transfer credit cards are however in the interest of completness here is a quick definition.

0% balance transfer credit cards offer you a 0% interest rate for a set period often 3, 6 , 12 or sometimes 13 months. During this time you will not pay interest on the credit card balance, assuming you meet the credit card providers terms and conditions. However be careful and some of the credit card providers charge balance transfer fees, either a percentage of the balance transfer amount or a fixed fee. Be sure to calculate the savings on our balance transfer calculator.

Remember

BalanceTransferReminder.com is not registered with The Financial Services Authority and we are not a financial advisory service. The Website is based on journalistic research. Nothing within the Website is, or shall be deemed to constitute, financial or other advice or a recommendation to purchase any product or service. Any and all information provided within the Website is for general information purposes only. We strongly recommend that independent professional advice is obtained before you purchase any product and/or use any service via the Website.