Latest Posts

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 »

Can You Balance Transfer a Cash Advance?

Can You Balance Transfer a Cash Advance?
April 25, 2012 No Comments »

Balance transfer Q%A: “Can you balance transfer a cash advance?” In an earlier post, I compared and contrasted balance transfers and cash advances, which are very different financial instruments. Put simply, credit card cash advances are an absolute last resort. ... Read More »

PenFed Life of the Balance Transfer With No Fee

PenFed Life of the Balance Transfer With No Fee
April 18, 2012 No Comments »

A new balance transfer deal popped up on the Internet today, offered by the Pentagon Federal Credit Union. What makes this offer somewhat unique is that it’s a no fee balance transfer that offers a low fixed rate for life. ... Read More »

USAA Balance Transfer, 0% No Fee

USAA Balance Transfer, 0% No Fee
February 27, 2012 No Comments »

There’s word of a new no fee balance transfer offer, this time from USAA. If you weren’t already aware, USAA, which stands for United Services Automobile Association, provides a slew of financial services to United States military and their families. ... 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 »

Chase Slate Balance Transfer: 0% APR and No Fees!

Chase Slate Balance Transfer: 0% APR and No Fees!
November 2, 2011 4 Comments »

Chase Slate Balance Transfer Offer Is Hard to Beat Finally, an out-and-out no fee balance transfer offer with no costs whatsoever! That’s right, for a limited time (well, it’s been a few years now but I wouldn’t look a gift ... Read More »