Some of you have reached out and were wondering what type of balance transfer or 0% APR credit card offers are out there, due to these trying times.
The truth of the matter is that there is not one card that’s a fit all. As the balance transfer options and APR’s vary depending on the offer, and it all depends on your circumstances.
For instance there are cards that which have a 21-month 0% balance transfer offer, charge a flat 5% on the transfer and have can have as high as a 21% APR on the remaining balance once the 21 months are up, if the transfer balance is not paid in full at that time. While on the other hand you can get a card with a 15 month 0% balance transfer option with a flat 3% transfer fee and a $250 signup bonus after spending a small amount of money. Other cards will offer you a 12 month 0% APR, 1.5% cash back on all purchases, with the highest APR they’ll charge once the 12 months are up on any remaining balance from the balance transfer being no more than 17.99%. There are many other offers as well. Therefore it all depends on your circumstances and how long you feel you need the 0% APR option for.
Here are some helpful links where you can find a list of balance transfer credit card offers 0% APR offers and Cash back credit card offers.