All posts by Colin Robertson

Check Your Local Credit Union for a No Fee Balance Transfer

Check Your Local Credit Union for a No Fee Balance Transfer
January 12, 2016 No Comments »

Those looking to transfer a credit card balance will want to do so without any kind of fees. Unfortunately, most large credit card issuers charge a 3% balance transfer fee when you elect to move your debt from one card ... Read More »

Beware: Balance Transfers Don’t Count as Purchases

Beware: Balance Transfers Don’t Count as Purchases
September 17, 2012 No Comments »

Here’s another tip for those of you out there looking to execute a credit card balance transfer. If you don’t know what one is, read more about how they work before reading this post. So whether you realize it or ... Read More »

A Balance Transfer Can Come in Handy After a Mortgage

A Balance Transfer Can Come in Handy After a Mortgage
August 21, 2012 No Comments »

You’ve probably heard about credit card balance transfers, but may not be entirely sure when to use them. Put simply, they are best served during times when money is tight, or if you’ve racked up a ton of credit card ... Read More »

Paying Your Credit Card Balance with Another Credit Card

Paying Your Credit Card Balance with Another Credit Card
July 19, 2012 No Comments »

The title of this post may sound silly at first, but it’s actually a really great (and unintentional) way to define a credit card balance transfer. Trust me, I’m always trying to come up with a way to define it ... Read More »

Can You Close Your Credit Card After a Balance Transfer?

Can You Close Your Credit Card After a Balance Transfer?
June 7, 2012 No Comments »

Balance transfer Q&A: “Can you close your credit card after a balance transfer?” First things first, let’s do a quick refresher on how a balance transfer works to provide some background for this question. Put simply, when you execute a ... Read More »

Balance Transfers Won’t Affect Credit Card Rewards Payout

Balance Transfers Won’t Affect Credit Card Rewards Payout
May 29, 2012 No Comments »

Here’s an issue I’ve been seeing a lot of lately. Nowadays, credit card issuers are offering some pretty enticing deals to get customers in the door. In fact, it’s not entirely uncommon to see cash back bonuses of $500 or ... Read More »

The Simplest Way to Lower Your Credit Card APR

The Simplest Way to Lower Your Credit Card APR
May 24, 2012 No Comments »

If you’re looking to save some money and balance your budget, the first place you should look is at unnecessary outflows of cash. You know, the $4 Starbucks coffee you buy each morning, or the expensive lunches you treat yourself ... Read More »

How to Avoid the Credit Card Balance Transfer Trap

How to Avoid the Credit Card Balance Transfer Trap
May 16, 2012 No Comments »

I’ve written more than I ever thought I would about credit card balance transfers, but it seems most people are still in the dark when it comes to these money-saving tools. I would venture to say that most credit cardholders ... Read More »

Balance Transfers Do Not Have Grace Periods

Balance Transfers Do Not Have Grace Periods
May 2, 2012 No Comments »

Most of the time I highlight the good qualities of credit card balance transfers. After all, they are designed to save credit cardholders money, so there is plenty of good to speak of. But there are some balance transfer drawbacks, ... Read More »