As you will discover, there are various types of balance transfer offers for credit cards, most available online for added convenience. To increase your chance of securing the best credit card possible, you want to look at multiple options online, looking specifically at the introductory interest rate, the length of the introductory period, interest after this period, fees, and special reward or bonus plans.
The good news is that with balance transfer offers for credit cards being in abundance, you are sure to find the exact card to match your needs. However, to accomplish this, you do need to dedicate time and effort in researching all options. Major credit card companies have several different cards for you to consider but keep in mind that usually, balance transfer offers for credit cards are intended for people that have good credit. Even so, it would be worth spending a little time with the research since some companies do have options for people with less than perfect credit.
Of all options, balance transfer offers for credit cards are the most popular in that the good cards can be highly beneficial. Instead of paying outrageous interest on credit card balances, you could transfer those balances to a card that has an introductory 0% APR. Although the zero percent interest rate would only be for a specific amount of time, if you work hard, it would be feasible to pay the balance down significantly or even pay the balance in full.
Keep in mind that balance transfer offers for credit cards are not the same as offers for low-interest cards. The difference is that low interest cards offer a low APR for an introductory period that increases to a much higher interest after the time has passed or it changes to a fixed APR. These cards can be beneficial in that interest is lower than with other cards, especially on high dollar items, but they do not have the benefit of transferring credit card balances.
We recommend you start by looking at the top rated companies to see what balance transfer offers for credit cards they current offer. You want to look at MasterCard, Visa, and Discover through a variety of companies. Currently, one of the best is Citibank, which has created some incredible programs specific to balance transfer offers for credit cards. Look at the short and long-term benefits so the choice is make is the wisest possible.