Can't handle my credit cards any more. Thinking of using a balance transfer card. How much can I transfer to a balance transfer card? Is there any set limit? How much do I have to pay if I can't pay the transferred amount within the intro period? Can you also please suggest me some good balance transfer cards I can try for.
Sub: #1 posted on Wed, 07/29/2020 - 20:58
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Sub: #2 posted on Fri, 07/31/2020 - 04:47
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Also know whether there'll be extra interest rate if you use the card for a purchase if there's limit. But, it's always better not to use that card for any purchase.
Sub: #3 posted on Fri, 07/31/2020 - 07:55
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I have favoritism for Citigroup. So, I would recommend you to use the Citi Diamond Preferred Card and Citi Double Cash Card.
The average rule says you can transfer 70% to 100% of your due outstanding balance. It usually depends on the Card to Card basis.
The interest rate of the post-introductory period will depend on the clause of the credit card company with whom you have applied for the deal.
Sub: #4 posted on Sat, 08/01/2020 - 22:17
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Many creditors offer 0% interest rate for an introductory period. And after that introductory period ends, you have to make interest payments. So, try to pay off the balance transfer card within the introductory period so that you can save more money. Here are some of the best balance transfer cards now:
Citi® Diamond Preferred® Card – Balance transfers
Citi® Double Cash Card – Cash rewards
Wells Fargo Platinum card – 0% intro APR
Wells Fargo Cash Wise Visa® card – Signup bonus
Citi Simplicity® Card – No late fees
U.S. Bank Visa Platinum Card – Good credit
PenFed Gold Visa Card – Low interest
Sub: #5 posted on Sun, 08/02/2020 - 21:10
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