Balance Transfer News

Marcus by Goldman Sachs: Aims to End Cycle of High-Interest Credit Card Debt

Marcus by Goldman Sachs: Aims to End Cycle of High-Interest Credit Card Debt
October 13, 2016 No Comments »

A new service from investment bank Goldman Sachs called “Marcus” aims to help consumers pay off high-interest rate credit card debt once and for all. The smart-looking website seems to be appealing to today’s youth, with the option to apply ... Read More »

Credit Card Surfing Is Apparently a Thing

Credit Card Surfing Is Apparently a Thing
October 3, 2016 No Comments »

We’ve all heard about credit card churning, which is the art of opening and closing credit cards to take advantage of generous sign-up bonuses. But what about “credit card surfing?” At first glance, you might think it’s some sort of ... Read More »

Capital One Is Offering 6.99% APR on Balance Transfers for 48 Months

Capital One Is Offering 6.99% APR on Balance Transfers for 48 Months
March 30, 2016 No Comments »

A 4 Year Balance Transfer Credit card issuer Capital One has been sending out some targeted balance transfer offers to its customers with low promotional APR for as long as 48 months. Sadly, it’s not a 0% balance transfer offer, ... Read More »

Get a Balance Transfer with No Fee and a Free Cruise Vacation

Get a Balance Transfer with No Fee and a Free Cruise Vacation
March 7, 2016 No Comments »

Do You Like to Cruise? While the headline of this post may sound super silly, it’s actually a real offer from a credit union based in Pennsylvania. Perhaps a play on the long, cold winters that hit the Northeast, NET ... Read More »

SunTrust Balance Transfer Offer: 3 Years at Prime Rate and No Fee

SunTrust Balance Transfer Offer: 3 Years at Prime Rate and No Fee
March 3, 2016 No Comments »

SunTrust Prime Rewards Credit Card At first glance, the new SunTrust balance transfer offer that comes with three years of prime rate APR and no balance transfer fee looks pretty swell. After all, the prime rate is currently 3.50%. It ... Read More »

Here’s a 0% APR Balance Transfer That Really Pays You!

Here’s a 0% APR Balance Transfer That Really Pays You!
February 10, 2016 No Comments »

Most folks know that balance transfers come at a price. Either the bank charges an annual fee and/or a balance transfer fee, or they charge APR north of 0%. If you’re able to find a balance transfer with no fee ... Read More »

Balance Transfer Day: A Marketing Gimmick?

Balance Transfer Day: A Marketing Gimmick?
November 17, 2011 No Comments »

By now, you’ve probably heard about Bank Transfer Day, which was an initiative that called for consumers to move their money from large commercial banks to non-profit credit unions. Call it the 99% using their numbers to do one over ... Read More »

Balance Transfer Fee Lowered on Discover 18 Month Balance Transfer Card

Balance Transfer Fee Lowered on Discover 18 Month Balance Transfer Card
June 1, 2011 No Comments »

Discover is lowering the balance transfer fee again on its popular 0% 18 month balance transfer offer. Beginning June 1, the fee will drop from 4% to 3%, which can equate to some serious savings if you’re in the market ... Read More »

Balance Transfers Get More Protection Under Card Act

Balance Transfers Get More Protection Under Card Act
March 23, 2011 No Comments »

A new Federal Reserve rule will protect credit card holders taking part in promotional programs that waive interest charges for a certain period of time. As far as I can tell, this will apply to credit card balance transfers, such ... Read More »

Balance Transfer Offers Telling of an Economic Recovery

April 19, 2010 No Comments »

If you follow balance transfer offers as much as I do, you’ll notice certain trends. Before the economic collapse, it wasn’t uncommon to see all types of high-risk credit card balance transfer offers. Credit card issuers were constantly pushing the ... Read More »