A few years ago, I never thought I’d see the day, but alas, American Express now has a no fee balance transfer with 0% APR available! I assumed they’d be the least likely company to offer such as deal, seeing that they barely offered 0% APR on balance transfers on any of their cards with… Continue reading American Express Launches a No Fee Balance Transfer
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 for a personal loan both online or via tablet and smartphone without ever speaking to… Continue reading Marcus by Goldman Sachs: Aims to End Cycle of High-Interest Credit Card Debt
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 hip new thing all the cool kids are doing. Or some weird game like credit… Continue reading Credit Card Surfing Is Apparently a Thing
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, though the rate is much lower than what the average credit card holder pays to carry… Continue reading Capital One Is Offering 6.99% APR on Balance Transfers for 48 Months
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 Federal Credit Union has one of the most unique balance transfer offers I’ve ever come… Continue reading Get a Balance Transfer with No Fee and a Free Cruise Vacation
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 was actually 3.25% as recently as December, but finally got increased by 25 basis points… Continue reading SunTrust Balance Transfer Offer: 3 Years at Prime Rate and No Fee
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 that also doesn’t carry any other fees, such as an annual fee or membership fee,… Continue reading Here’s a 0% APR Balance Transfer That Really Pays You!
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 on the 1%, if you catch my drift. The event took place on November 5,… Continue reading Balance Transfer Day: A Marketing Gimmick?
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 to transfer a large credit card balance. It was 5% several months back, so the… Continue reading Balance Transfer Fee Lowered on Discover 18 Month Balance Transfer Card
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 was 0% balance transfer credit cards and others that allow card holders to avoid paying… Continue reading Balance Transfers Get More Protection Under Card Act