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I am interested in the Chase Slate Credit Card and have a question.......Does the 0% APR for 15 months on balance transfers mean that, if I transfer $5000.00 and pay it off prior to the 15 month mark, I would not be charged a penny more than $5000.00 given that I don't use the card for anything than the transfer. If I had a transfer balance of $1000.00 after the 15 month mark, would I only be charged the APR rate on the balance or the entire $5000.00?

- Asked Sep 9 , 2016

 

The Chase Slate is an excellent choice for a balance transfer credit card because it comes with 0% intro APR for 15 months and no fee for balance transfers made within the first 60 days! You are correct that during the introductory period of 15 months, your entire payment will go towards the principle of your balance because there is no interest. So if you transfer a $5,000 balance, make no purchases with that card, and make $5,000 in total payments over the 15 months period, you will be able to pay off your balance in full. After the 15 month introductory period is up, you will be charged the standard APR on your balance each month. You will not be retroactively charged interest on the balance you have already paid off.

 
 

I have ran my credit cards up so much and I just can't get ahead. Is there something I could do with one of these cards.??? My credit score is like 640 or so.

- Asked Aug 28 , 2016

 

With a credit score of 640, your credit is considered fair/average. One credit card that would be a good option for you as a balance transfer credit card is the Capital One QuicksilverOne. People in your credit score range a regularly approved for this card and it comes with a number of features that could help you save money and pay off your debt with a balance transfer. 

 
 

I have a capital one card that charges me a monthly fee and will not remove it. I would like to apply for different card with 0 annual fee, 0% intro. Apr on purchases and balance transfers for 21 months. Does transferring balance from one card to another company close out the first card? If not, will I still have to pay a monthly fee if I have a 0 balance? Will all of this negatively affect my credit score? Thanks for your help in advance!

- Asked Aug 10 , 2016

 

Transferring your balance from one credit card to another will not automatically close your first credit card. Your first card will remain open, but it will simple have a $0 balance, unless you make new purchases with the card. I cannot speak to whether or not you will still have to pay your monthly fee as I do know know specifically which product you are referring to; you will have to ask your credit card issuer for clarification. Opening a new credit card account may have cause a slight ding on your credit score for the credit inquiry from the application, but this impact should be miniscule if you have a good payment history. Also, if you use the balance transfer to pay off your credit card debt, then it will actually help bring your credit score up by decreasing your credit utilization rate. For no annual fee and 0% intro APR for 21 months, you should apply for the Citi Simplicity or the Citi Diamond Preferred as those are the only two cards that offer those benefits.

 
 

I would like to do a balance transfer. The amount I want to transfer is $8000.00. Is there a way I can know in advance if I'm approved to transfer that amount. I don't want to be applying at various credit card companies to find out I'm not approved to transfer that amount.

- Asked Aug 10 , 2016

 

The line of credit you are approved for on a credit card application depends on your creditworthiness, so unfortunately there is no way to know for sure what line of credit you will get approved for before you submit your application. The higher your credit rating is, the higher line of credit you will get approved for. One excellent option for a balance transfer credit card is the Chase Slate. This card comes with 0% intro APR for 15 months, no annual fee, and no fee for balance transfers made within the first 60 days of account opening.

 
 

Does the balance of the card need to be paid in full by the time the introductory rate expires? If it is not paid in full, will I be charged interest on the remaining balance only?

- Asked Aug 9 , 2016

 

Your balance does not have to be paid in full by the end of the introductory period. If it is not paid in full, you will be charged interest on the remaining balance, not any balance that has already been paid off. When a credit card charges interest retroactively as a penalty for not paying of the balance in full by the end of a certain period, that is called "deferred interest". Deferred interest is usually only found on store credit cards, and none of the credit cards offered from our partners on our site will charge deferred interest if you don't pay your balance in full during the intro period.

 
 

If I transfer a balance to a new lower interest card, does this transfer affect my FICO score?

- Asked Aug 9 , 2016

 

The transfer itself should not impact your credit score, but some of the related factors may cause some changes. For example, if you're opening a new credit card to transfer the balance from an existing card, the credit inquiry from your credit card application will make a small ding on your credit score. But this affect should be small and your credit score should bounce back quickly if you are maintaining a good payment history. Also, if you transfer a credit card balance and then use the 0% intro APR to pay off your debt, this should actually significantly increase your credit score! This is because paying down your credit card debt with decrease your credit utilization rate, which accounts for 30% of your credit score.

 
 

I currently have two credit cards. I would like to get a card with a high maximum and a good interest rate so I can pay off both of those credits cards (which total to 815.30) and still have a bit to buy money for a small business I am starting as well as a few personal purchases. My current credit score is 650.

- Asked Aug 5 , 2016

 

With a score of 650, your credit is considered fair/average and there will only be a handful of balance transfer credit cards you are able to get approved for. The line of credit you are approved for will depend on your creditworthiness, so unfortunately there is no way to know for sure how high of a credit limit you will get approved for before applying for a credit card. One card to consider is the Capital One QuicksilverOne. This is a great option for balance transfer for people with fair credit.  You may also be able to get approved for the Chase Slate credit card, but there are no guarantees. 

 
 

i would like transfer balance to another card 21 month and credit score is 645. what is a good card for me?

- Asked Aug 4 , 2016

 

With a credit score in the mid 600s, your credit is considered fair/average, but you are getting close to having "good" credit. Unfortunately it is not likely that you will get approved for a credit card that has 0% intro APR for 21 months because these cards typically require excellent credit. One card you should consider is the Chase Slate which has 0% intro APR for 15 months on balance transfers. You might not be able to get approved for this card, but there is a slight chance you may. If you are not approved, your next best option would be the Capital One QuicksilverOne; this is typically the best balance transfer credit card for consumers with fair credit.

 
 

my credit score is 628. What would be the best option for me with no interest for 1 year or more? and is there a limit to the amount I can consolidate. Also, will this have an adverse affect, such as it does when you consolidate date.

- Asked Jul 26 , 2016

 

With a score of 628, your credit is considered fair and there are only a handful of balance transfer credit cards that you will be able to get approved for. Check out our fair credit cards page to see all the best options. One card that would be a good fit is the Capital One QuicksilverOne. It is designed for consumers on your credit range and it has a nice 0% intro APR. Whenever you open a new credit card, there is a very slight ding to your score from the credit inquiry. However, if you use this card to pay down your balance, it should help you raise your credit score in the long run because it will help your overall credit utilzation rate.

 
 

I have an outstanding balance of three credit cards of 1,600. I would like one card payment instead of three. is there a card, does have to have credit, what is the best transfer card?

- Asked Jul 19 , 2016

 

The Chase Slate is an excellent option for a balance transfer credit card as it comes with 0% intro APR for 15 months on balance transfers. It also has no annual fee and no fee for balance transfers made within the first 60 days of account opening.

 
 

I have a credit score of 720, I have a $12000 visa credit card debt and a $2500 discover card. Do I go with a 0% interest rate for 15 months or go with 1.99% for 24. Will this affect my credit score?

- Asked Jul 18 , 2016

 

Both of the balance transfer offers you mentioned would be a good deal to help you get out of debt quicker. Another great option you should consider is the Citi Diamond Preferred which offers 0% intro APR on balance transfer for 21 months. Opening a new credit card may have a very small negative impact on your credit score depending on your situation, but if you do so to pay off your credit card debt with a balance transfer, your score should rise signficiantly in the long run.

 
 

I have a 652 credit score and need to transfer 7500.00 in credit card debt off 2 credit cards. What one would be best

- Asked Jul 15 , 2016

 

With a score in the mid 600s, your credit is considered average/fair, and it are getting close to having "good" credit. With your credit score, you may have a chance of getting approved for the Chase Slate credit card, which is one of the most popular balance transfer credit cards on the market. It has 0% intro APR for 15 months and $0 transfer fee for balance transfer made within the first 60 days of account opening. However, it is not guaranteed that you will be able to get approved, and even if you do, you may not receive the full amount of credit you are looking for. Another good option for you that you have a better chance of getting approved for is the Capital One QuicksilverOne. This benefits of this card are not quite as attractive as the Chase Slate, but it is still a very good balance transfer credit card.

 
 

I have excellent credit and looking for the best card for 0% BT fee, 0% APR for 18+ months and no annual fee. I have Capital One Quicksilver, AmerEx platinum and Chase Sapphire Preferred. What is left for me?

- Asked Jul 12 , 2016

 

There is not any card that means the exact requirements you are looking for, but the Chase Slate credit card comes very close. The Chase Slate has 0% intro APR for 15 months on balance transfer, no annual fee, and $0 balance transfer fee for transfers made within the first 60 days. This would be the best option for transferring your balances from the Capital One and American Express cards, but you will not be able to transfer your balance from the Chase Sapphire Preferred to the Chase Slate.

 
 

I have two credit cards and I would like to pay off at least one. 1-Citi card-balance $25,940.47 pay mini balance of $430.57 (7.99 APR) 2-Visa -balance $16,830 pay $250 a month what do you suggest I do to pay off one of the cc? I would assume Visa since that is the lowest. Do you suggest making a balance transfer on a 0% CC? If so, which cc? What that effect my credit? My credit score is 790. Thank you for your time.

- Asked Jul 10 , 2016

 

The best practice is to pay off the card with the highest interest rate first because this will save you the most money over time. The interest rate of 7.99% APR on your Citi Credit Card is very low, so I'm assuming the Visa has a higher APR.  A balance transfer credit card is a great tool to pay off your balance quicker and save money.With a score of 790, you should be able to get approved for many of the best cards. The Chase Slate is an excellent option to start with because it comes with 0% intro APR on balance transfers for 15 months and no intro balance transfer fee.

 
 

I currently have medical bills totally $6500. Currently paying each(6) a little each month. Would like to just pay them off with one cc and make one large payment. My credit score with TransUnion is 682 and 737 with Equifax. Which card would be best for my plan?

- Asked Jul 8 , 2016

 

The Chase Slate would be an excellent option for you as it comes with 0% intro APR for 15 months on balance transfers and no intro transfer fee. Your credit score is in the "good" range, which means you have a good chance of getting approved.

 
 

I am consolidating three high interest credit cards to one no interest and no balance transfer fees card. I am looking to transfer 12,000.00. I am focusing on paying my debts off. What credit card would you recommend?

- Asked Jun 29 , 2016

 

The Chase Slate is an excellent option as it comes with 0% intro APR on balance transfers for 15 months and $0 balance transfer fee for transfers made within the first 60 days. The line of credit you get approved for will depend on your creditworthiness, so it is not guaranteed that you will be able to transfer the full $12,000 onto any one credit card. However, even if you are only able to transfer a portion of your balance it would still be very helpful in paying off your high interest credit cards.

 
 

I currently have a debt of $7500 on my card my credit score is 719. My interest rate is 19.24. If I switch to a card with a lower rate will my score be affected? I'm paying approx $120 in interest each month.

- Asked Jun 28 , 2016

 

Your credit score is considered good and you should be able to get approved for a balance transfer credit card that could help you pay off your balance much quicker. The Chase Slate is an excellent option as it comes with 0% intro APR on balance transfers for 15 months and there is no intro balance transfer fee for the first 60 days. 

 
 

I need a high balance transfer credit card to transfer $45,000 in misc, credit card debt. Excellent credit score and high annual income? Any suggestions?

- Asked Jun 25 , 2016

 

If you have excellent credit, you should be able to get approved for any credit card you choose. However, a credit limit of $45,000 is very high and there is no guarantee that you will get approved for the full amount. Nonetheless, transferring even a portion of your debt to a credit card with 0% intro APR could help you save a lot of money and pay off your balances much quicker. A few of the best options for balance transfer credit cards include the Chase Slate, the Citi Diamond Preferred, and the BankAmericard Credit Card.

 
 

I am looking for a credit card that has a lower interest rate than my dept.C.C. I need one that has a credit limit of $5000 & lower than 25%.

- Asked Jun 25 , 2016

 

There are a number of balance transfer credit cards that come with 0% intro APR and can be very useful for paying off high interest credit cards. You typically need good credit to get approved for a solid balance transfer credit card, and the line of credit you get approved for will depend on your creditworthiness. One great option is the Chase Slate credit card. This card comes with 0% intro APR for 15 months, no annual fee, and no balance transfer fee for transfers made within the first 60 days.

 
 

#1: Is there a minimum/maximum amount to transfer to the 0% interest offer? How much is that min./max amount? #2. What happens to the credit cards that I transfer the Balances to this offer? Do they become null & void, never able to be used again..Or can they be used in the future??? I have NEVER done this before but I am interested in maybe doing this. I just need to know what happens to my credit cards if & when balances transfer.

- Asked Jun 22 , 2016

 

The amount you are able to transfer will depend on the line of credit you get approved for. Generally speaking, the higher your credit score is, the higher line of credit you will get approved for and the more you'll be able to transfer from another credit card. For the credit card that you transfer the balance from, it will simply be as if you paid off you balance in full. After you transfer your balance, your old account will still remain open and you should still be able to use that card for new purchases.

 
 

I have never had debt before but, lost my job for approx. 18 months. During this time in order to live and maintain my home I used my credit card which luckily was No interest for 18 months. This is ending soon. I believe I will be able to pay around $!500-2000 a month (I am working now) towards the card which now has around $35000.00 on it. I was hoping to transfer balance to a 0% interest for 18 months to get caught up. Do you think I would be able to find this and would it be smart?

- Asked Jun 20 , 2016

 

If you know you will have the financial capacity to pay off your balance in full during the intro period, then transfering your balance to a low interest credti card could certainly be a smart move to save you money. One option to consider is the Chase Slate credit card. This card has 0% intro APR for 15 month and there is no fee for balance transfers made within the first 60 days. Most other cards charge a 3% balance transfer fee, which would be over $1,000 on a balance of $35,000.

 
 

Is there a card that does not charge a balance transfer fee?

- Asked Jun 20 , 2016

 

There are a handful of credit cards that don't charge a balance transfer fee; be sure to check out our blog about credit cards with no balance transfer fee! The Chase Slate is a great option if you want to avoid the balance transfer fee because there is no fee for transfers made within the first 60 days. This card also comes with 0% intro APR for 15 months and no annual fee.

 
 

my credit score is 683 and I have a credit card with a balance of 6500.00 with Barclay. I can only pay 250.00 a month. the interest rate is 24.99. Is there a credit card out there that I can get a balance transfer

- Asked Jun 18 , 2016

 

The Chase Slate is an excellent balance transfer credit card that would be a great help for you. This card comes wtih 0% intro APR for 15 months and there is no fee for balance transfers made within the first 60 days. With a score in the high 600s, you have a good chance of getting approved, but there is no guarantee.  

 
 

Hello, I am looking into a balance transfer. I have a excellent credit score, and I have been comparing and it looks like the Citi Diamond preferred card is the best deal. I don't want a offer that wants to have the balance paid off in just a few months. Your opinion and input would be appreciated. Thanks!

- Asked Jun 14 , 2016

 

The Citi Diamond Preferred is an excellent credit card for balance transfers. It comes with 0% intro APR for 21 months and there is no balance transfer fee. Another great option if you wanted to earn rewards on your purchases is the Discover it. This card has 0% intro APR on balance transfers for 18 months and also earns great cash back on purchases.

 
 

I'm thinking of getting a transfer card and putting 4 or 5 other credit card balances on it. Is there a transfer fee for each transfer I put on it?

- Asked Jun 6 , 2016

 

Most cards do charge a transfer fee for each balance transfer you apply to that card. If you're looking to avoid transfer fees, the Chase Slate has no balance transfer fees for the first 60 days after account opening. It also comes with 0% intro APR for 15 months!

 
 

I have an extremely high credit card balance of $14,000.00 with Capital One. i am paying $500.00 a month on time. I want to pay this off as soon as I can. Can you tell me if I should seek out a balance transfer and if so which would be the safest with no hidden expenses.

- Asked Jun 3 , 2016

 

A balance transfer credit cards would be the perfect tool to help you pay of your debt quickly. Balance transfer credit cards come with 0% intro APR, so every penny of your payments during the intro period will go towards paying down the principle of your balance. Most balance transfer cards will come with a 3% transfer fee which is tacked on to your initial balance. The Chase Slate currently offers 0% APR for 15 months and there is no fee for balance transfers made within the first 60 days.

 
 

I am looking for a credit card that has 0% interest on transferring balance of $6000 for at least 24 months with cash rewards. My credit score is good 721-734. I want to have a preapproval before applying

- Asked Jun 3 , 2016

 

The only card that currently offers 0% intro APR for 24 months on balance transfers is the Citi Simplicity Card. However, there is no rewards program with this card. Also, you will not be able to see if you're preapproved before completing the application. Approval any credit card will depend on the information in your application, so the bank will not be able to give you a decision without looking at your credit history first. 

 
 

I need help my credit score is 642 I need to transfer $16,492 I have 4 credit cards and need to get them paid off. Is there a card out there for me

- Asked Jun 1 , 2016

 

With a score in the mid 600s, your credit is considered fair and your options will be somewhat limited in terms of which credit cards you can get approved for. The Capital One QuicksilverOne would be a great option for you, but it is extremely unlikely that you will get approved for a credit line high enough to accommodate all of your balances.  A good strategy would be for you to transfer as much as you can to the Capital One QuicksilverOne and focus of paying all of it off as quickly as possible. If you do this, you may be able to raise your credit score significantly and get approved for a better balance transfer offer like the Chase Slate down the road.

 
 

We just put a large $8000 purchase on my long-time Discover card because for over a year we had 0% APR. Just found out the yearly promo was over and APR rate went to higher rate. Now looking to open a new 0% cc with 0% balance transfer fees and with 15 months 0% APR, to transfer that purchase amount and for future use if necessary. As we normally pay acct off each month, not planning on completely closing existing account. Does your existing credit card ever charge any kind of fees for transfers from your account? Not sure how that all works. We have very good credit.

- Asked Jun 1 , 2016

 

Since your credit is very good, you should be able to get approved for the best balance transfer credit cards. You won't be charged a fee by Discover for transferring your balance to another card, but many card charge balance transfer fees to receive balance transfer. Your best option will be the Chase Slate credit card. This card comes with 0% APR for 15 months, and there is no transfer fee as long as you make the transfer within the first 60 days.

 
 

Hello is there a card that I can transfer balances from my current cards. All of my 0% apr intro rates have expired and am now paying high interest on my balances. I have never been late on any payments and all account are in good standing 4 cards to be exact. My fico score is at 686 right now and all the cards I have researched require a 700 or better score for the 0% apr intro offers.

- Asked May 31 , 2016

 

With a credit score in the upper 600s, your credit is considered good and there are a number of good balance transfer credit cards you have a chance of getting approved for. The Chase Slate is an excellent option as it comes with 0% intro APR for 15 months and no fee for balance transfers made within the first 60 days.

 
 

I need a card with 0% interest for a year. 0% balance transfers and one that earns sky miles (Preferably when you spend a certain amount in the first month or so. Please can you help me. I have excellent credit.

- Asked May 25 , 2016

 

The Barclaycard Arrival World MasterCard would fit your needs. This card offers a 0% introductory APR on balance transfer for 12 months and you'll be charged a transfer fee that's the greater of $5 or 3%. You'll earn a rewards rate of 2X the miles on travel and dining, and 1X the miles on all other purchases. In addition, there's a sign up bonus of 20,000 miles when you spend $1,000 on purchases within the first 90 days. The miles you earn can be redeemed with any airline, hotel or on other travel expenses. There is no annual fee and no foreign transaction fees, making this an excellent travel rewards card. 

 
 

I have a 750 credit score. ONLY ONE card. I want to transfer the balance for 0% transfer fee and get a lower A.P.R. What card would you recommend?

- Asked May 23 , 2016

 

I would reccommend the Chase Slate due to the introductory APR offer and $0 balance transfer fee, plus it's the best balance transfer credit card on the market. The Slate offers a 0% introductory APR period on both purchases and balance transfers for 15 months. In additon any balance you transfer within the first 60 days will have a $0 balance transfer fee, thereafter the fee is the greater of $5 or 5%. Once the introductory APR period has expired the regular APR will be 13.24% - 23.24% (variable), based on your credit worthiness. With no annual fee and $0 fraud liability, the immense benefits would make a great addition to your wallet. 

 
 

I am looking for a credit card w/ 0% interest on balance transfers for 12 months and no balance transfer fee. I am rehabbing my house to sell. Once I sell the house I will pay all the money back which will be within 2-3 months from now.

- Asked May 22 , 2016

 

The Chase Slate is easily one of the best, if not the best, balance transfer card on the market. This card offers a 0% introductory APR on both purchases and balance transfers for the first 15 months. For balance transfers made within the first 60 days of account opening, there will be a $0 fee. This in turn should provide adequate time to rehab your house and pay off the balance in timely manner. However be aware that if you're carrying a balance past the intro period, the interest fees could be costly. In addition to the superb balance transfer offer, the Chase Slate has no annual fees and you'll need good to excellent credit to qualify. 

 
 

We are looking to do a Balance Transfer to a card that would give us Rewards that we could put towards purchasing flight tickets. Can you suggest a card?

- Asked May 19 , 2016

 

Most credit cards focus on either travel rewards or low interest (balance transfers) exclusively. The Barclaycard Arrival World MasterCard is a good option for doing a balance transfer and earning travel rewards. You'll earn 2X the miles on travel and dining, plus 1X the miles on all other purchases. However you won't earn the miles on balance transfer, just new purchases. There's also a 0% for 12 months introductory balance transfer APR offer. 

 
 

Hi, my credit score 4 months ago was 690,i have 2 credit cards with kind of high interest,i need a credit card to transfer my balances, purchases with lower interest.

- Asked May 15 , 2016

 

With a score in the upper 600s, your credit is considered good and there are a number of great offers you can get approved for. I'd recommend the Chase Slate for balance transfers and low interest on purchases. This card comes with 0% APR for 15 months on purchases and balance transfer. Plus, there is no annual fee and no fee for balance transfers made within the first 60 days.

 
 

I currently have a card that only has 4.9% int. But OI can transfer my balance I want a 0% for 18 months. Are there any perks for that type of balance transfer.

- Asked May 13 , 2016

 

A credit card interest rate of 4.9% is unbelievably low, so am guessing that you have had this card for many, many years. Transfering your balance to a card with 0% APR for 18 months would be a good idea if you want to pay it off in full during that intro period. However, the interest rate after the intro period is up will likely be much higher than your current rate of 4.9%.

 
 

What credit cards will waive the balance transfer fee ?

- Asked May 10 , 2016

 

Check out our blog post that outlines the best credit cards with no balance transfer fee! Overall, the Chase Slate is the best option because it also comes with no annual fee and 0% APR for 15 months. However, the transfer fee is only waived during the first 60 days, so be sure to make the transfer right when you open your account.

 
 

If I take advantage of 0 apr for 15 mos.on a balance transfer and don't pay off in 15 mos. can I transfer remaining amt to a diff cc without any penalty?

- Asked May 8 , 2016

 

The only penalty you will face if you choose to do this will be the balance transfer fee on the next card that you transfer your balance to. Most cards charge a 3% balance transfer fee, but some charge fees as high as 5%. There are very few credit cards that don't change a balance transfer fee.

 
 

I have "Excellent" pay record, which includes auto loans, 1 fuel/gasoline card, 1 Retail card, several Credit Cards. Every account is paid on timely, "Every Month" and and never late. Credit Card Balances are more than 50% of limits. I have structured Separation from an Executive Management position after 21 years in October 2016. OBJECTIVE: My strategy is to structure pay off of all Credit Card balances asap. 1. Want to consolidate card debt into one payment. 2. Will pay off Auto Loan balances as of October 2016. Due to Credit Card balances to Limit ratios and inquiries, my FICO is currently in the 660 to 700. How can I structure a consolidated transfer of balances to one card, whereby, I can eliminate interest for 24 months? Current total Credit Card monthly payments regularly are $1,200 - which keeps every account current. What type program for consolidated, no interest payment for 24 months is available for this potential account holder? W

- Asked May 8 , 2016

 

With a score in the upper 600s, your credit is considered "good", but not quite "excellent". If you have an excellent payment record the the factor that is probably keeping your credit from rising into the 700s and becoming excellent is the outstanding balance on your credit cards. Once you begin paying off your balances and your credit utilization drops below 30%, your credit score should rise significantly. The longest intro APR of 0% is 21 months, but you would need excellent credit to get approved. I would recommend applying for the Chase Slate credit card which has no balance transfer fee, no annual fee, and 0% APR for 15 months. If you use this card to pay down your balances, you may be able to get approved for the Citi Simplicity at the end of the 15 month intro period with the Chase Slate. The Citi Simplicity offers 0% APR for 21 months. 

 
 

I'm wanting to do a balance transfer in the amount of $12,600 from my American Express Card, but I have a less than stellar credit score (high 500's)! I became disabled last year and have fallen behind on my Pymt, because I've fallen behind American Express says next Pymt due is $920; Which is quite difficult since my Social Security Disability is $1,600 before MEDICARE gets deducted! I don't want to pay a balance transfer fee and I'm looking for 21-24 months of interest free payments. I also have several medical bills from a very recent stay in the hospital and it's because of being in the hospital that I missed my American Express payment! Now, I'm trying my best to get caught up. What advice if any do you have for me? Most balance transfers require a person to have excellent or good credit rating. Unfortunately because of my high 500's I don't fall in that category! I need help and advice!! Thank you so much... Jennifer M. Keith Knoxville, TN

- Asked May 6 , 2016

 

With a credit score in the 500, it is extremely unlikely that you will be able to be approved for a balance transfer credit card with the necessary credit limit. If you have not already done so, I would recommend calling American Express and explaining your situation to try to work out a favorable payment plan. Credit card companies are occasionally willing to make exceptions for late fees and interest charges when there are medical expenses involved, but there is no guarantee. If this does not work, you will have to find a way to make your monthly payments and focus on building your credit as quickly as you can. Opening a secured credit card would be a good way to do this. Once your credit score is in the low 600s, the Capital One QuicksilverOne will be a good option for a balance transfer credit card to begin paying off your balances more aggressively. 

 
 

I am looking for a low % credit card to transfer my store credit card balances that carry a high interest rate. My credit score is about 690. I would need a credit line of about 2000

- Asked May 2 , 2016

 

The Chase Slate would be the perfect option for you. This card comes with 0% APR for 15 months on balance transfers and purchases, no annual fee, and best of all, there is no fee for balance transfers made within the first 60 days!

 
 

I currently have a Chase Slate card with a 27.49% interest rate. I cant make any progress with paying down this card unless I can get a lower interest rate or borrow from another source and just pay it off and cancel the card. Can you help me with this issue?

- Asked May 2 , 2016

 

A 27.49% interest rate is astronomically high and you should transfer your balance as soon as possible. However, the best balance transfer credit card you will be able to get approved for will depend on the quality of your credit score. If you have excellent credit, the Citi Simplicity comes with 0% APR for 21 months. The Barclaycard Ring MasterCard is another great option as it comes with no transfer fees and a very low ongoing rate of 8.25%. 

 
 

I got the slate card, and did a balance transfer. Can I do another transfer with the same 0% transfer fee etc?

- Asked Apr 28 , 2016

 

The Chase Slate has no fee for balance transfers made within the first 60 days, so as long as you stil have some available credit and you didn't open your account more than 60 days ago, the you should be able to perform another balance transfer with no transfer fee. But every account information is different, so you will need to contact Chase for an answer more specific to your situation. 

 
 

if I need a 0 percent for 18-21 months and want to be a balance transfer which is best option

- Asked Apr 26 , 2016

 

If you have excellent credit, the Citi Simplicity comes with 0% APR for 21 months which is currently the longest intro APR on the Market. If your credit is good, but not quite excellent, you should try the Discover it or the Citi Double Cash as both come with 0% APR on balance transfers for 18 months. All three cards come with no annual fee.

 
 

As Seniors, we are looking for a credit card to use for a large balance transfer with no fees and no interest for at least one year. We have a credit score of 806.

- Asked Apr 22 , 2016

 

With a credit score in the 800s, your credit is excellent and you should be able to get approved for any card you choose. The Chase Slate will be the best option based on what you're looking for. This card comes with 0% APR for 15 months and no fee for balance transfer made within the first 60 days.

 
 

If I transfer my balance from Discover to Chase Slate as a new customer will I have to pay a fee?

- Asked Apr 20 , 2016

 

If you transfer your Discover credit card balance to the Chase Slate credit card, you will not have to pay a balance transfer fee as long as you have opened the Chase Slate account in the past 60 days.

 
 

I have accumulated $40K in credit card debt dealing with healthcare cost not covered by insurance . I am making payments on the accounts regularly but the balances are not going down much. What are my best options? A debt consolidation loan? Anything else? Is there a 0 transfer fee credit card account? My FICO score is 629 I do not have the extra income to pay this debt off at one time without going into a retirement account. Any guidance would be appreciated.

- Asked Apr 19 , 2016

 

Unfortunately, with a credit score in the low 600s, your options will be very limited and it will be a tough road to get out of $40,000 in debt. One credit card that you should consider for a balance transfer is the Capital One QuicksilverOne. Even though the credit line won't be large enough to transfer your entire balance, it will still help you in the long run to move some of your debt onto a 0% APR card and pay as much of it off as you can during the intro period.

 
 

I have $3000 dollars in credit debt with discover card and a 750 FICO score. I know my options are wide open, so what card would you suggest?

- Asked Apr 18 , 2016

 

Two of the best options for balance transfer credit cards are the Chase Slate and the Citi Simplicity. The Chase Slate card comes with 0% APR for 15 months and no fee for balance transfers made within the first 60 days. If you would prefer a longer intro APR, the Citi Simplicity card has the longest on the market with 0% APR for 21 months, but there is a balance transfer fee of 3%. Neither card comes with an annual fee, and with your credit score you should easily be able to get approved for either one.

 
 

I am looking into a card that I could use to transfer a credit card balance of approximately 20,000. The Chase Slate card looks interesting. How could I determine what my introductory rate for the first 15 months would be?

- Asked Apr 14 , 2016

 

The intro APR for the Chase Slate is 0% for 15 months, but APR after the intro period as well as the line of credit you are approved for will depend on your creditworthiness. Even with an excellent credit score, $20,000 is a very high line of credit to get approved for, so there is no guarentee that you will be able to transfer your entire balance over to the Chase Slate. If not, the Citi Simplicity would make a great second option as it comes with 0% APR for 21 months.

 
 

Hello: I am looking for an unsecured credit card. I do have poor credit. I have a lot of medical bills that I would like to consolidate onto a credit card. What credit card is recommended? Please advise.

- Asked Apr 14 , 2016

 

If you have poor credit, it is very unlikely that you will be approved for an unsecured credit card with favorable terms. You may be able to get approved for unsecured cards like the Credit One Visa or the Surge MasterCard Credit Card, but these offers come with high interest rates and numerous fees. I would recommend opening a secured credit card and using it to build credit for an extended period of time while you pay down your medical bills. This will help you build credit, and once your score is in the mid 600s, you will be able to get approved for a decent balance transfer credit card to help you get out of debt quicker.

 
 

I have two cards with 10.25 interest rate balance one 1 is 4100 no 2 balance is -7.00 are there any cards with lower

- Asked Apr 14 , 2016

 

The Barclaycard Ring MasterCard has a competitive low interest rate of 8.25% on purchases and balance transfers. There is also no balance transfer fee with this credit card and no annual fee.

 
 

I need a card with balance transfer and low introductory rate for 650 credit score no late payments , I have capital one and it has worked out great but I want to transfer my balance to a lower rate card to help pay it of faster.

- Asked Apr 11 , 2016

 

With a credit score of 650, your credit is considered fair and your options for balance transfer credit cards will be somewhat limited. The Discover it card has an offer with 18 months of 0% APR months, and the regularly approve consumers with credit scores in the mid to high 600s. There is no guarentee that you'll be able to get approved, but if you are, this would be a great option.

 
 

I am 81 years old and in good health. I would like to transfer three credit card balances to one interest-free card. My credit score is 720. I never miss payments. I could pay these cards off in two years with no interest fee. Chase 10K, Sears 8K, AE 6K.

- Asked Apr 8 , 2016

 

With a credit score of 720, it is unlikely that you will get approved for a credit line of $24,000 on one credit card -- this is a very high amount even for a person with perfect credit. However, you still have a great chance of getting approved for the best balance transfer offers with the longest intro APRs. The Citi Simplicity comes with 0% APR for 21 months, which is currently the longest on the market. Even if you are not approved for a credit line high enough to transfer all three credit card balances, it would still be beneficial for you to transfer one or two of the balances to the 0% APR. You could also try opening a second balance transfer credit card to move the remaining balance over. The Discover it or Chase Slate would be great options for the second card.

 
 

Hi, I need help making a balance transfer from my $7,000 BofA card with a very high interest rate. As far as I know, I have good credit. I also have $10,000 in a TDAmeritrade acct. I have a full-time job that pays approx $50,000 a year. I would like a 0% card for as long as possible. I want to get my master degree and need to get this debt reduced. Would it help if my father, whose got a credit score of 800 was a co-signer on the card? Can you help me? Thanks, Dorian

- Asked Apr 8 , 2016

 

You should first check your credit score to see where you stand because this will be the main factor for which balance transfer credit cards you can get approved for. If your credit score is "good" as you suspect, meaning in the range of 680-730, then you're best option would be the Chase Slate which comes with 0% APR for 15 months an no fee for balance transfers made within the first 60 days. If you credit score is higher than 730, you may be able to get approved for a card that has 0% APR for as long as 21 months like the Citi Simplicity. You can check your credit score for free with our Credit Concierge service.

 
 

I would like to transfer $6600 from 4 another CC. Can I get a $7.000 limits, my Fico score is 701. I do not wants consolidate my CC, I want to pay less on interest. Can I get this CC? and do it. My CC are from: Chase (2), Target Barclay Thanks!

- Asked Apr 7 , 2016

 

With a score of 701, your credit is considered good, but not quite excellent. When applying for a credit card, there is know way to know for sure what line of credit you will get approved for before you apply because the amount you receive is based on your creditworthiness. I would recommend applying for the Discover it 18 month balance transfer offer which comes with 0% APR for 18 months. Discover regularly approved people with credit scores lower than yours, so this might be your best shot at getting approved for a high enough line of credit.

 
 

greetings. I have a credit score of 720-760 range. I am looking for a long term balance transfer card. Want to stretch out repayment with 0 interest. Applied for CitiBank Simplicity card (which offers 21 months transfer terms) and was declined. Next in line for Citibank is 18 month card called "thankyoupreferred." Should I try there or can you recommend several other alternatives. Awaiting your suggestions. Regards David Sterling

- Asked Apr 5 , 2016

 

Hi David. The public offer for the Citi ThankYou Preferred is actually only 0% APR for 15 months, not 18 months. However, the Discover it card comes with 0% APR for 18 months and with a score in the mid 700s, I would be very suprised if you are not approved for that card.. Finally, if 15 months is a long enough intro period of 0% APR, you should consider the Chase Slate as this card is currently waiving the balance transfer fee for transfers made within the first 60 days. All of the other cards mentioned above come with the standard 3% balance transfer fee.

 
 

I have a 675 credit score want a card for balance transfers that will help me

- Asked Apr 1 , 2016

 

The Chase Slate would be an excellent credit card for you. This card comes with 0% APR for 15 months and it also has no annual fee and no fee for balance transfers made within the first 60 days. With a score of 675, you have a good shot of getting approved, although it is not guaranteed. If you are no approved your next best option would be the Capital One QuicksilverOne which has 0% APR for 9 months and no transfer fee.

 
 

Will credit card companies negotiate your interest rate? I would like to close several of my high interest cards, but it would be easier if I could just get them to lower my rates. in my research, i've only found one card with an interest rate under 11% variable. It doesn't have a beginning 0% rate, but if I'm opening a new card, and not transferring, wouldn't I be better off with just a lower fixed rate? Now I can't find the card that had the 7.xx% fixed rate - it was here a minute ago. Thanks

- Asked Apr 1 , 2016

 

In some circumstances, credit card companies may be willing to lower your interest rate at your request, but it is rare for them to do so. But it doesn't hurt to call your issuer and ask anyway. If they don't lower your interest rate, then one card you may be interested in is they Barclaycard Ring MasterCard. While this card doesn't come with an introductory APR, it has an extremely competitive ongoing interest rate of 8.25%. There is also no annual fee with this card and no balance transfer fees.

 
 

I have an $8,167.00 balance on my current credit card. I would like to transfer this balance to a 0% interest card and pay it off making $700 monthly payments. How can I be sure my credit limit with a new card would cover this balance?

- Asked Mar 31 , 2016

 

If you are able to make payments of $700 a month, then a credit card with an intro APR of 0% for 12 months would allow you to pay off your balance interest free. However, there are multiple credit card that have 0% APR for 15 or even 21 months. Unfortunately there is no guarentee that you'll get approved for the line of credit needed to transfer your full balance; the credit limit you are approved for will depend on your creditworthiness. One card that would be an excellent choice is the Chase Slate card which comes with 0% APR for 15 months as well as no annual fee and no fee for balance transfer made within the first 60 days.

 
 

Is it true, if you have a great credit score and transfer $10,000 for Intro APR 0% ---- My payments per month would be approximately $600 or higher per month? or What would the set amount be per month on the 'Slate' Credit card? Thank You

- Asked Mar 27 , 2016

 

Your credit score will not effect the your minimum payment on a credit card, but it will determine the line of credit you are approved for. If you transfered $10,000 to the Chase Slate and you wanted to pay off your balance in full by the end of the 15 month introductory period, then you would need to make payments of $667 each month.

 
 

I have a high interest card of 20%, if I transfer my balance to a 0% for 20 months card. what do I do with my high interest card once I transfer my balance? Do I close my card or do I leave it open? I don't want to ruin my 790 credit score.

- Asked Mar 27 , 2016

 

If the credit card you are transfering your balance from has no annual fee, then you should simply leave it open, even if you no longer use it. If you do choose to close the account, it will have a negative impact on your credit score, but it will be a very small impact -- it certainly will not "ruin" your credit.

 
 

I just pulled my credit report and my scores reflect 743 Transunion - 749 Equifax. What would be the best credit card for me. My intent is to pay off all remaining debt and make minimal if no purchases.

- Asked Mar 24 , 2016

 

With credit scores in the mid 700s your credit rating is considered excellent and you should be able to get approved for any card you like. Two of the best options for balance transfer credit cards are the Chase Slate and the Citi Simplicity. The Chase Slate has 0% APR for 15 months as well as no fee for balance transfers made within the first 60 days. The Citi Simplicity comes with 0% APR for 21 months, but there is a 3% balance transfer fee.  Neither card has an annual fee.

 
 

I have a credit card currently through Best Buy. A Visa. I am reaching the end of my 0% APR and am interested in transferring my balance to a new card. I would like to find one with 0% APR for at least a year so I can continue paying off my balance. I used the card to purchase my computer and am gradually paying it off. I do not necessarily need any rewards, but like I said would like to keep 0% APR, $0 annual fee, and any other similar benefits. I would like some more specific recommendations.

- Asked Mar 22 , 2016

 

If you have excellent credit, there are many cards that would meet the requirements you are looking for! If you're confident that you can pay the balance off within 15 months, then the Chase Slate would be your best choice. This card comes with 0% APR for 15 months, no annual fee, and no fee for balance transfers made within the first 60 days of account opening. If you want the longest possible intro APR, then your best option would be the Citi Simplicity, which has 0% APR for 21 months, no annual fee, and a 3% balance transfer fee. 

 
 

several years ago I believe, that I had a Chase credit card. I haven't used it in years but did not cancel it because I read (somewhere) that a card shouldn't be canceled because it would adversely affect my credit score. The cards have been discarded and I don't know the account numbers, They would have had a zero balance. How can I check as to whether or not I still have that account. I want to do a balance transfer to the Slate card, but may not be able to do that if I already have a card from Chase.

- Asked Mar 22 , 2016

 

To find out the information for your old Chase credit card, simply give them a call and ask them to look up your account information. You will have to provide some personal information since you don't have the account number to verify your identity, but after that, they should be able to send you a new card in the mail if you like. Regardless of whether this account is still open or not, it wouldn't be a determining factor for getting approved for the Chase Slate and being able to transfer a balance. The Chase Slate is an excellent balance transfer credit card and it offers 0% APR for 15 months as well as no fee for balance transfers made within the first 60 days.

 
 

I have a credit card with approximately $4,000 balance, I would like to transfer to a card with no interest and low interest rate. I had the Jet Blue, American Express card which is now discontinued. which is best for me

- Asked Mar 22 , 2016

 

The Chase Slate is an excellent balance transfer credit card and would be a good fit for your situation. This card comes with 0% APR for 15 months, no annual fee, and no fee for balance transfers made within the first 60 days of account opening.

 
 

I want to transfer $9,000 to a 0% apr no transfer fee card for a 12 months. My credit score is 730. which card is best?

- Asked Mar 19 , 2016

 

The Chase Slate would be an excellent credit card for you. This card comes with 0% APR for 15 months, no annual fee, and no fee for balance transfers made within the first 60 days. With a credit score of 730, you shouldn't have any problem getting approved!

 
 

I"m looking to make a large purchase $10,000 but cant do a credit card transaction, so i was thinking of doing a cash advance on my current cc. After that i wanted to sign up for a new cc with 0% interest 15 -21 months and do a balance transfer. Would that make since instead of getting a bank loan?? OR no beacuse you cant get 0% interest on transfer just purchases?

- Asked Mar 18 , 2016

 

Cash advances with credit cards can end up being extremely costly because there are cash advance fees, interest rates are much higher, and the interest begins accruing immediately. Furthermore, the plan you have laid out is made even more risky be the fact that you do not know if you will be approved for a line of credit high enough to accommodate the full balance transfer. The idea you put forward is technically plausible, but if you have a good option for a bank loan, that would be the safer choice.

 
 

What Credit card company do you represent? I am trying to find a credit card with 24 months no interest for a $7,000 balance transfer. Can you help me? Thank you.

- Asked Mar 13 , 2016

 

This site does not represent any individual credit card issuer, it offers comparisons of many issuers. There is no card currently offered that features 24 months of 0% APR financing on balance transfers. You should consider the Citi Simplicity card as it offers 21 months of interest free financing for both new purchases and balance transfers, with a 3% balance transfer fee. There is no annual fee for this card.

 
 

I owe 2000.00 on my discover card at 18 percent interest what card should I get

- Asked Mar 12 , 2016

 

The Chase Slate is an excellent option for balance transfer. It has no annual fee, no transfer fee, and 0% APR for 15 months. If you wanted to pay your $2,000 balance off in full with no interest, you would have to make payments of $156 a month during the 15 months intro period with the Chase Slate.

 
 

I am looking for a 0% intro card for a year to pay off a school loan of $5,400. I don't care about rewards. My credit is good to excellent.

- Asked Mar 12 , 2016

 

There are some credit card issuers that allow you to pay off a student loan using a 0% APR fnaincnign offer for balance transfers. The Citi Simplicity card would be a good choice, as it offers 21 months of interest free financing for both new purchases and balance transfers, with a 3% balance transfer fee. There is no annual fee for this card.

 
 

What is the maximum amount CITI Diamond, City Simplicity and Chase Slate will do for a balance transfer with someone having good to excellent credit rating. I would hate to waste peoples time submitting an application and the amount I need will not be allowed. Thank you for your time.

- Asked Mar 12 , 2016

 

Unfortunately, there is really no way to know what credit line you will get approved for before applying for a credit card. The banks will tell you that the higher your credit score, the high line of credit you'll get approved for, but since every application is different, there is no way to know for sure what that number will be.

 
 

I am looking to transfer my discover bill to another credit card. I have a FICO score of 799. What would be the best credit card for that?

- Asked Mar 12 , 2016

 

The Slate card from Chase offers 15 months of interest free financing on both new purchases and balance transfer, and no fee for balance transfers completed within 60 days of account opening. Furthermore, this is the only credit card that has 0% APR promotional financing, no balance transfer fee, and no annual fee. 

 
 

It is a good idea to get one card to pay off another high interest card and after that is done do another card the same way

- Asked Mar 11 , 2016

 

Using a balance transfer credit card can be a great way to pay off credit card debt as long as you're not using the card to accumulate more debt at the same time. Cards like the Chase Slate and Citi Simplicity come with long periods of 0% APR, so if you want to pay off your balance in full with no interest, just divide your account balance by the number of months with 0% APR and make the payment each month.

 
 

I want to transfer $5-10K now at 0% interest, then I'd like 0% interest on purchases also for the intro time 15-21 months. Then the APR after intro 0% - all say "variable." what does that mean? what are the variables? Obviously I'd like the lowest ongoing APR after the intro period. How do I determiine that? I have a high credit score.

- Asked Mar 9 , 2016

 

It sounds like the Citi Diamond Preferred would be the best card for you. This credit card comes with 0% APR on purchases and balance transfers for the first 21 months. Credit card interest rates are "Variable" because they are based on the interest rates set by the Federal Reserve. Most credit cards give a range for the interest rate you will get if you open an account. With the Citi Diamond Preferred, your interest rate after the 21 month intro period will be 12.24% - 22.24% (Variable) based on your credit worthiness. If you have very excellent credit, then the rate you are approved for will be close to 12%, but if your credit is not as high, then you'll have a higher interest rate, but not higher than 22.24%.

 
 

I am looking for a card to transfer 20k to that has no fees to transfer and has a longer time to pay off. we make good money and have great credit scores.

- Asked Mar 9 , 2016

 

The Chase Slate comes with no fee for transfers made within the first 60 days and there is 0% APR for 15 months on balance transfers and purchases. The fact that your credit scores are excellent will certainly help, but there is no guarentee that you'll get approved for a credit line of $20,000.

 
 

Hi I would like to transfer a balance of appx $3,000 to card with a low to 0% balance transfer fee. One with no interest preferably for several months with the transfer. What card would you suggest? Thanks!

- Asked Mar 7 , 2016

 

It sounds like the Chase Slate card is the perfect fit for you. This card has charges no fee for transfers made within the first 60 days and there is 0% APR for 15 months on balance transfers and purchases. There is also no annual fee.

 
 

I currently have a slate card due in May. Are there any 0 balance transfer fee and 0% APR tranfers besides Chase Slate? I applied for the Venture card and was approved but I think it has a transfer fee that I'm going to confirm. thanks for any suggestons

- Asked Mar 6 , 2016

 

The Capital One Venture does not have a  balance transfer fee, but your APR will be 13.24% - 23.24% (Variable) depending on your creditworthiness, so this is not a good option for balance transfers. The Capital One QuicksilverOne has no balance transfer fee and 0% APR for 9 months, but it also comes with a $39 annual fee. The Barclaycard Ring Mastercard is another good option; it has no balance transfer fee and a super low APR of only 8.25%. 

 
 

Would like to transfer approximately 15,000 to a card with 0% for at least 15 months but I am on a fixed income with a 'good' credit score - what are the chances of me getting such a card?

- Asked Feb 22 , 2016

 

The Chase Slate credit card fits the criteria you're looking for. It offers 0% APR on purchases and balance transfers for the first 15 months and consumers can usually be qualified if they have good credit. Furthermore, there is no annual fee and no balance transfer fee for transfers made within the first 60 days of account opening. However, $15,000 is a rather high line of credit for a balance transfer credit card, and if your credit is good but not excellent, I think that it is unlikely that you will be approved for the full amount. Nonetheless, transferring even portion of your balance to the Chase Slate could still save you a lot of money in interest charges. 

 
 

Hi my name is Margie I would like to consolidate both of my credit cards so make one payment. they are both from Capital One they both have rewards quicksilver mastercard I have other bills and don't have money so I use my credit cards for purchases and they are both near the credit limit any suggestions? I don't get paid that much weekly and its hard. Also, looking for another job to help pay other bills.

- Asked Feb 10 , 2016

 

I would recommend transfering your balances to the Chase Slate card which offers 0% APR for 15 months. It also comes with no annual fee, and no transfer fee for transfers made within the first 60 days of account opening.

 
 

I am currently paying minimums on 3 credit cards, and want to consolidate to one card. I have approximately $15,000 across these 3 cards. Is there are a card that I can do a free balance transfer to of these and have no interest rates for an amount of time? My credit score is around 670.

- Asked Feb 10 , 2016

 

There are two options for interest free balance transfers with no balance transfer fee. The Chase Slate card offers 15 months of interest free financing on both new purchases and balance transfers, and the Capital One QuicksilverOne offers 9 months of 0% APR financing with no balance transfer fee. There are other cards that will offer longer promotional financing, but they all have a 3% balance transfer fee.

 
 

I have a $16,000 balance on my visa card. I need to get it paid off asap. the int. rate on this card is 14.4 which card would be my best bet.

- Asked Feb 9 , 2016

 

It would be in your best interest to transfer your balance to a card with 0% APR and try to pay it off in full during the intro period. The Chase Slate card would be a great choice as it offers 0% APR for 15 months and no annual fee for balance transfer fee. The Citi Simplicity is another excellent option; it comes with 0% APR for 21 months.

 
 

I have a $4,744.00 balance on a Chase credit card that I need to transfer to another card before my 0% balance runs out. My credit score is 744 I am looking for a card that has 0% balance, a low transfer fee & the longest 0% APR balance transfers

- Asked Feb 3 , 2016

 

I would try the Citi Simplicity. It offers 21 months of 0% APR financing on both new purchases and balance transfers, but it does have a 3% balance transfer fee. 

 
 

I have excellent credit and was looking for the best balance transfer 0% interest offer. I see most of them have 3% fee, etc. Is there anything out there without a fee that you're aware of ? Thank you

- Asked Jan 27 , 2016

 

There are two major credit cards that offer 0% APR financing on balance transfers, with no balance transfer fee. The Chase Slate card offers 15 months of interest free financing on both new purchases and balance transfers, with no balance transfer fee, and no annual fee. In addition, the Capital One QuicksilverOne card offers 9 months of interest free financing on new purchases and balance transfers, with no balance transfer fee and a $39 annual fee.

 
 

with a 695 credit score, whats the best card to transfer aprx. $4000.00 from a high interest account to introductory 0% interest rate w/no transfer fee.

- Asked Jan 22 , 2016

 

The Chase Slate card offers 15 months of interest free financing on both new purchases and balance transfers, with no balance transfer fee for transfers completed within 60 days of account opening. Nevertheless, the line of credit you receive will be based on your credit score and your income, and it might not cover the entire $4,000 balance transfer. 

 
 

If I already have a Chase credit card can I transfer a balance to the Chase Slate card?

- Asked Jan 21 , 2016

 

You cannot transfer a balance between two credit cards issued by the same company. These balance transfer offers are designed to encourage customers to take their business from one company to another, so Chase and other card issuers will not permit transfers between two of their accounts. 

 
 

My credit score is in the 700's and I would like to transfer my balance with Capital One to Chase Slate. Do I go on line or do I call to transfer my balance?

- Asked Jan 18 , 2016

 

You can request a balance transfer either online or by calling Chase. The Chase Slate card is a particularly good card to transfer a balance to as it offers 15 months of interest free financing on both new purchases and balance transfers, with no balance transfer fee for transfers completed within 60 days of account opening. 

 
 

I owe on on my credit cards and they have gone to debt collectors. Are these cards eligible for balance transfer programs.

- Asked Jan 18 , 2016

 

Once the balance has gone to a debt collector, then you cannot transfer the balance. In addition, you are unlikely to qualify for a promotional balance transfer offer if you are delinquent on your accounts and they have gone to collections.

 
 

I have large credit card balances on several different cards, and would LOVE to combine them for a lower payment, and possibly reduce some interest. I have less than perfect credit (due to high balances, for one reason) but have a good record with all the cards. I am not past due on them. I don't want to do the debt resolution, or debt reduction..I want to pay them. Is there a card for debt consolidation without using the reduction or resolution program that I might qualify for? Would love to have one payment.

- Asked Jan 12 , 2016

 

The answer to your question depends on what you mean by "less than perfect." There are many credit cards that offer 0% APR promotional financing to those with "good" credit, which is a credit score in the low 700s or even the high 600s. However, once your credit score drops below the high 600s, then you will have a much harder time qualifying for a card with a promotional fiancing offer. The Discover it card is a good place to start, as it offers 18 months of interest free financing on balance transfers, with a 3% balance transfer fee.

 
 

I want to transfer my balances to one credit card, for 18 to 21 months. my total transfer amount would be 10,000.00 I have good to very good credit score, which card would you suggest?

- Asked Jan 10 , 2016

 

The Citi Simplicity and Citi Diamond Preferred both feature 21 months of 0% APR financing on both new purchases and balance transfers, but with a 3% balance transfers fee. Both cards have no annual fee. 

 
 

I want to transfer my credit debt to one card which card do you suggest. I owe less than 10k

- Asked Jan 8 , 2016

 

Right now, the best balance transfer card on the market is the Chase Slate, which offers 15 months of interest free financing on both new purchases and balance transfers, with a no fee for transfers made within 60 days of account opening. Another strong option is the Citi Simplicity, which features 21 months of 0% APR financing on both new purchases and balance transfers, but with a 3% balance transfers fee. Both cards have no annual fee. 

 
 

I have a FICO of 807 score and wish to transfer my $6576.17 to a 0% apr for a. HELP me find a card Please!

- Asked Jan 6 , 2016

 

Your credit score is excellent and you will be able to be approved for any card you apply for. I would recommend the Chase Slate, which offers 15 months of interest free financing on both new purchases and balance transfers, with no balance transfer fee. Another alternative is the Citi Simplicity, which features 21 months of interest free financing on both new purchases and balance transfers, but with a 3% balance transfer fee. 

 
 

I am consolidating and paying off my cc debt this year. Currently I have 3 open cards, two of which are 0%, the third is 9.9% and almost paid off. One of the 0% cards has the biggest balance on it and the 0% expires 3/31/2016. I just received an offer from the same company for a 0% interest card that expires in 2017. How would I be able to extend the 0% expiration without doing another 3% balance transfer?

- Asked Jan 3 , 2016

 

You cannot transfer a balance between two cards from the same issuer. These offers are designed to get you to move your debt between card issuers. In addition, you will always have to pay the balance transfer fee when you transfer a balance. 

 
 

I have a Capital One Credit card that I want to get rid of by doing a balance transfer. However I cannot seem to find a credit card that will accept me. The card has a 17.9 APR, I pay and pay and pay it just doesn't seem to get anywhere. I called Capital One to see if they can some way lower it, but of course why should they when this makes them money, but doesn't do a thing for me. My credit is fair to good, but they still do not want to help me. Do you have any suggestions?

- Asked Dec 4 , 2015

 

You should try applying for a card that offers 0% APR on balance transfers, but doesn't require excellent credit. I would first try the Chase Slate card, which offers 15 months of interest free financing for both new purchases and balance transfers, with no balance transfer fees. Another good option would be the Discover It with 10 months of interest free financing on both new purchases and balance transfers, with a 3% balance transfer fee. These cards will allow you to avoid interest while you pay off your balance.

 
 

Are there any cards that offer 0% charge on initial balance transfers?

- Asked Nov 20 , 2015

 

There are many credit cards that offer 0% APR introductory financing on balance transfers. For example, the Citi Simplicity offers 21 months of interest free financing on both new purchases and balance transfers, with a 3% balance transfer fee. However, the Chase Slate is the only card that offers 0% APR financing on balance transfers, with no balance transfer fee. It features 15 months of introductory financing on both new purchases and balance transfers. 

 
 

I have an almost maxed out card that I would like to do a balance transfer. My credit is good to excellent. How many times per month can my credit be check before it attacks my score? I want to get a better interest rate card and take advantage on the 0 interest for 15 - 21 months.

- Asked Nov 17 , 2015

 

Having more than one or two credit checks in a month will begin to hurt your score, but not by very much. It is more important to keep your debt level low, and to always pay your bills on time. Thankfully, there are several credit cards that offer 0% APR promotional balance transfers. The Chase Slate card features 15 months of interest free financing on both new purchases and balance transfers, with no balance transfer fees for transactions completed within 60 days of account opening. There is no annual fee for this card.

 
 

My problem is a high debt to limit on my two cards. I can't seem to make enough difference to qualify for another card, so how do I get a balance transfer card? My scores are 666 and 675.

- Asked Oct 26 , 2015

 

Those credit scores are considered good, but not excellent. If you have used up too much of your available credit, then you will have trouble being approved for new credit cards. Therefore, your best alternative will be to pay down as much of the debt as possible, as soon as possible. Once you have made a significant dent in your current debt, then I would try applying for a card like the Discover It , which offers 12 months of interest free financing on both new purchases and balance transfers, with a 3% balance transfer fee. 

 
 

I've got too much credit card debt and I want to get the balances transferred or consolidate my debt to get out from under it as fast as possible. What do you recommend I do?

- Asked Oct 24 , 2015

 

You should consider a card that offers balance transfers with promotional financing. I recommend that you apply for the Chase Slate, which is the only credit card that offers 0% APR financing for balance transfers, with no balance transfer fee. It offers 15 months of interest free financing on both new purchases and balance transfers, and all other credit cards will impose a 3% balance transfer fee. Otherwise, you could look at the Citi Simplicity, which offers 21 months of 0% APR financing on new purchases and balance transfers, but has a 3% balance transfer fee.

 
 

Which card should I apply for if I have good credit and I want to pay off other high interest high balance (4-5K ea) credit cards such as Lowes, Visa (Citi), Discover, and Sears?

- Asked Oct 24 , 2015

 

I recommend that you apply for the Chase Slate card, which is the only credit card that offers 0% APR financing for balance transfers, with no balance transfer fee. It offers 15 months of interest free financing on both new purchases and balance transfers, and all other credit cards will impose a 3% balance transfer fee, which will work out to $120-$150 in your case. Otherwise, you could look at the Citi Simplicity, which offers 21 months of 0% APR financing on new purchases and balance transfers, but has a 3% balance transfer fee.

 
 

My daughter has about $9,000.00 of debt on different credit cards. Instead of taking a default, what is the best solution for her she has been delinquent on cards in past? Since moving back home has been able to afford to make drastic improvements on her financial obligation. I don't think her credit score would be able to transfer debt onto a single card. Should i help her by applying for a credit card in my name (excellent credit score 718), and paying off her cards with a transfer to mine, and letting her pay me back?

- Asked Oct 24 , 2015

 

If she has been delinquent, then she will probably have poor credit and will not be able to qualify for 0% APR promotional balance transfer. On the other hand, your credit is strong and you will be able to qualify. If you choose to pay off her debt with a 0% APR balance transfer, then her debt becomes yours. She will have no legal obligation to pay it to you, you will have to trust her. So what you would be doing is offering her a personal loan, that you will finance from a credit card company. But if you choose to do so, she will save a tremendous amount of money. I would also recommend that you apply for the Chase Slate card, which is the only credit card that offers 0% APR financing for balance transfers, with no balance transfer fee. Otherwise, she will have to pay at least the minimum balance on her cards, and absorb expensive interest charges. Her other options would be to work with a non-profit consumer credit counseling service, or to speak with an attorney about bankruptcy protection.

 
 

Is there a credit card that will give rewards on a balance transfer also?

- Asked Oct 7 , 2015

 

Most credit cards that offer balance transfers do not offer rewards, but there are a few cards that offer both. That said, balance transfers themselves do not earn the same rewards that you would earn for spending on your card. In rare instances, I have seen sign up bonuses that have been offered for performing a balance transfer, although the 3% balance transfer fee is always worth more than the value of the rewards. Having an interest free loan is usually considered a valuable reward by itself.

 
 

I have a credit union Visa which is now a First Bank account. The balance is $8,700 and min payment is $285 monthly. I have been paying $300 faithfully and my credit score is 656. Would like 0% on balance transfers for 18 months. any suggestions? I not planning on making purchases with the card.

- Asked Sep 25 , 2015

 

The Citi Simplicity Card offers 21 months of interest free financing on both new purchases and balance transfers, but with a 3% balance transfer fee. It also has no late fees or penalty interest rate. Another option is the Chase Slate which only offers 15 months of interest free financing on new purchases and balance transfers, but with no balance transfer fee. Either of these cards should meet your needs and allow you to save money on interest charges. 

 
 

I have a 650 credit score and a Capital One credit card with a balance of $1,300.00. What balance transfer credit card would you recommend with my credit score?

- Asked Sep 21 , 2015

 

You could try applying for the Chase Slate, which is the only card that offers 0% APR balance transfers, with no balance transfer fee. However, if you are unable to qualify for that card, you might try one of the offers for the Discover It card , which does not require as high of a credit score. While the Chase Slate only offers 15 months of promotional financing, the Discover it card currently offers just 12 months on balance transfers, and has a 3% balance transfer fee.

 

 
 

I'm shopping for a credit card to pay-off a debt of $25,461. Am paying $13K from our own money and would like to finance the remaining 12,461. If I apply for the Citi Diamond Preferred Card with the 21 months at 0% interest and can lock-in the 11.99% with no fee? How can I be assured that they will give me the credit line to do this. According to my current credit score we are just above the 800 mark.

- Asked Sep 20 , 2015

 

Unfortunately, there is never any guarantee that you will be given a sufficient credit line, so the only thing that you can do is apply. As soon as you submit your application, I would contact Citi in order to ask them to approve the specific credit line that you will need. And if you have any other Citi credit cards, then you could ask them to move some your existing credit line to your new card. Finally, you can always apply for another card from a different card issuer if you need additional credit with a promotional financing offer. 

 
 

I am looking for a zero interest card that I can transfer on for about 2 years.

- Asked Sep 11 , 2015

 

There are credit cards offered with 0% APR on both new purchases and balance transfers, but these are promotional rates for a limited time. By law, these rates must last for at least six months, and the longest offers currently available last 21 months. Both the Citi Simplicity and Citi Diamond Preferred offer new cardholders 21 months of interest free financing. There is no annual fee for either of these cards, but there is a 3% balance transfer fee. 

 
 

I have a FICO credit score of 675, and I want a credit card to perform transfer balances that has no annual fee. What are your recommendations?

- Asked Sep 2 , 2015

 

Your credit score is good but not excellent. However, you may still qualify for the Chase Slate, which offers 15 months of 0% APR financing on balance transfers with no fee. If you are not approved, you could consider the Discover It which is often approved for people with credit scores in your range. There is an offer for this card with 18 months of interest free financing on new purchases, but with a 3% balance transfer fee. In addition, this is also a rewards credit card that is known for excellent customer service.

 
 

I have large credit card debt and would like to apply for a balance transfer card. Chase told me my score was 710. Should I apply for a card requiring good or fair credit? Also, how much debt would I be able to transfer? I would appreciate any suggestions on cards.

- Asked Aug 27 , 2015

 

A credit score of 710 is considered to be good, so you should be approved for some credit cards with 0% APR balance transfer offers. The Chase Slate offers 15 months of interest free financing on both new purchases and balance transfers, and is the only card that does so with no balance transfer fee. Other options include the Citi Simplicity and Citi Diamond Preferred cards, which both offer 21 months of interest free financing on both new purchases and balance transfers, but with a 3% balance transfer fee. The amount of debt that you will be able to transfer will depend on the credit line you are offered.

 
 

I have a 667 credit score and it's going up nicely. My problem is that in 2007 I broke my neck and couldn't work. I have 17 cards that went into charge off but I told the company I would pay what I could once I got my settlement, and I did. I paid from 40% on some cards and some I even paid off but they still show charge off. Am I correct that these items fall off after 7 years, which will be next year? In the meantime I have reward credit cards, store cards and various other credit. I have an A for paying cards on time and only use 20% of my credit. Why then can't I get cards that offer 0% APR for x amount of months? Quite a few of my cards I do not use, should I cancel these cards, or wait to see if and when my credit score raises?

- Asked Aug 19 , 2015

 

Most negative information will fall of your credit report within 7 years, so I think you are very close to this (I presume your negative information was recorded in 2009). With your credit score, you should be able to get approves for most balance transfer credit cards, especially if you are able to get a reward card. The best course of action will be to continue making all your payments on-time, and watch your score rise. I would continue to try to apply for a card with promotional financing every few months as your score rises, and it is only a matter of time until you are approved. I would not cancel any of your existing cards, except when faced with an unnecessary annual fee. Closing your accounts will increase your debt to credit ratio, for a given amount of debt. Finally, make sure you have a copy of your credit reports, so you can be absolutely sure you know what negative information was reported, and when.

 
 

What are the best cards for transferring higher interest rates to "0" interest rates for longest time. What kind of Credit rating do you need to higher amount transfers?

- Asked Aug 6 , 2015

 

Both the Citi Simplicity and the Citi Diamond Preferred offer 21 months of interest free financing on both new purchases and balance transfers, with a 3% balance transfer fee. This is the longest promotional financing offer currently available, making these two excellent balance transfer credit cards. Another great 0% APR offer is from the Chase Slate, which features 15 months of interest free promotional financing on balance transfers and new purchases, and has no balance fee for transfers executed within 60 days of account penning. In general, the best offers with the highest credit limits will be approved for those with credit scores of 740 or above. Those with scores in the 690-740 range may be approved, but with lower credit limits and a higher standard interest rate.

 
 

Does the Citi Simplicity card provide checks for balance transfers? Some lenders do not accept credit cards for bal transfers.

- Asked Aug 5 , 2015

 

Citi will offer checks for balance transfers, but in most cases, it is not necessary. The credit card that you are transferring a balance to will take it upon itself to make payment to the account you are transferring the balance from. The transfer can be done electronically, or even in the form of a paper check. Nevertheless, you can request so-called convenience checks from Citi or other card issuers.

 
 

I have about $11k in credit card debt, over the years I've been transferring balances between cards that offer good intro transfer fees. I have a mix of credit cards (AMEX, B of A. chase, Discover. NFCU). I'm looking for a card that I can transfer my balances at great rate (0%). and after balances are paid, use it as my everyday card for all purchases and pay off the full balance month to month . So I can get some rewards and some other perks. Any suggestions for my scenario? by the way, my credit score is 762.

- Asked Aug 2 , 2015

 

I applaud your goal of paying off your existing credit card debt and then moving to paying off your full balance each month. While you can find some reward credit cards with 0% APR offers, they will all have a 3% balance transfer fee, which will cost you over $300. Therefore, I would start with the Chase Slate, which offers 15 months of interest free financing on both new purchases and balance transfers, with no balance transfer fee. In fact, this is the only card offered by a major bank that has 0% APR balance transfers without a balance transfer fee. Once you have paid off your balance, and are in the habit of paying each month's statement balance in full and an on time, then you should choose a competitive rewards card

 
 

I have multiple cards and would like to clean up my credit. I would like to transfer all of my balances onto one card, therefore lowering the payment, and close out all other cards. The problem is my credit score is 590. Is there a card out there that will accept that low of a credit score? I don't want to apply for card after card only to be denied because I don't want my credit report pulled over and over.....

- Asked Jul 22 , 2015

 

While it would help you to consolidate your balances, unfortunately you are correct to question whether you will be able to qualify for a new card. A credit score of 590 is considered to be "poor", and the only cards that you are likely to be approved for are secured cards which require the payment of a refundable deposit equal to your credit line. 

 

To raise your credit score, you should focus on paying off as much debt as possible, as quickly as possible, while being sure to make all of your payments on time. Doing so will also reduce your interest costs. For now, I would recommend refraining from making any new credit applications and I would keep a close eye on your credit score. It will take some time until it reaches the mid to high 600s where it is considered to be "good," but you should at least be able to see it improve a little each month.

 
 

I am interested in applying for a credit card with 0% intro APR until Feb. 2016, then 22.9% variable APR. How do I know if that is a good deal? Also, if I pay the complete balance every month will that improve my credit score?

- Asked May 28 , 2015

 

A promotional financing period of nine months is okay, but it is not the most competitive offered. Currently, the Citi Simplicity offers 21 months of interest free financing on both new purchases and balance transfers, with a 3% balance transfer fee. Also, the Chase Slate card features 15 months of 0% APR financing on both new purchases and balance transfers, with no transfer fee. For the interest rate after the intro period is up, 22.9% is certainly a bit high. Both the Citi Simplicity and the Chase Slate interest rates would range from 12.99%-22.99% after the 0% APR period. However, the interest rate that you get approved for within this range will depend on your credit worthiness.

 

Paying your complete balance every month, by itself, will not improve your credit score. However, if your statement balance is low each month, then your credit report will not show much debt, which will help your score whether or not you choose to ultimately pay it in full.

 
 

I currently have a Barclaycard with a balance of $4,000 and Capital One with a balance of $1,500 for a total outstanding balance of $5,500. I would like to do a balance transfer until the end of the year when I will receive a bonus and will pay them off. Which cards or card would you suggest?

- Asked May 26 , 2015

 

I would start with the Chase Slate, which features 15 months of interest free financing on new purchases and balance transfers, with no fee for balance transfers completed within 60 days of account opening. However, if your credit is not strong enough to qualify for this card, you can consider the Discover It, which has several different balance transfers offers, but with a 3% balance transfer fee. 

 
 

I have a Capital One card with high interest and balance of $1890.00 and just noticed that I get charged for an "interest charged payment". I really want to get it paid down. My score is 638. Do you have a suggestion for a different card to transfer my balance to so I can pay it off sooner? Thanks!

- Asked May 23 , 2015

 

You need a card with a 0% APR promotional rate for balance transfers, but your credit is considered to be "good," not "excellent." One of the best cards for this credit profile is the Discover It card, with 18 months of interest free financing on balance transfers, and 6 months on new purchases. This card will give you a year and a half off of interest charges, which hopefully will give you enough time to pay off your existing balance. The Discover card also gets strong reviews for its high level of customer service and cardholder friendly policies such as waiving the first late payment automatically, and having no penalty interest rate. But to be sure, your goal should be paying off your debt within the 18 month promotional financing period, and not putting off doing so.

 
 

If you transferred balances to a card with 15 months of promotional financing and you haven't completed the payments in the 15 month time period, do they charge you interest on the whole transferred amount or just the remaining balance?

- Asked Apr 27 , 2015

 

With nearly all credit cards that offer promotional financing, you will only be charged interest on the remaining balance once the promotional rate expires. In contrast, many retailers that offer so-called "same as cash" financing will charge interest on the entire balance from day one, and only waive these interest charges when customers pay off their entire balance in full during the promotional financing period. This form of financing is called retroactive interest. Most store-issued credit cards come with retroactive interest charges.

 

Nevertheless, it is important to thoroughly read the terms and conditions of any promotional financing offer in order to be sure of what fees and charges you may incur.

 
 

I want to transfer one card balance to another, will this affect my FICO score?

- Asked Apr 26 , 2015

 

No it will not. As long as you have both accounts open, the total amount of debt and credit you have will remain the same (although you will likely incur a 3% balance transfer fee). However, if you make an application for a new credit card with a 0% APR promotional balance transfer offer, then your credit could potentially be affected. 

 

Thankfully, just opening a single new credit card account will not have much affect, and may even raise your score. And if making a balance transfer helps you pay down your balances quicker, your debt level and credit utilization ratio will fall, improving your credit score.

 
 

I would like to transfer my balance to a card with a grace period of least 12 months. My credit score is "good" and I have made my payments on time. How possible is it for me to get a card?

- Asked Apr 19 , 2015

 

While technically not a "grace period', a credit card with a 0% APR promotional financing offer on balance transfers is a great way to save money on interest charges while you pay off your debt. If you have good credit, you should be able to qualify for a credit card with an introductory period, although you may be granted a smaller line of credit or a higher standard interest rate (that kicks in after the introductory period ends) than you would have if your credit was considered "excellent," which is a credit score of about 740 and above. 

 

Without knowing your exact credit score, I can't be certain on which card offer you would have the most success with, but I would recommend applying for the Chase Slate card, which is the only credit card that comes with 0% APR on balance transfers with no balance transfer fee. It comes with 15 months of interest free financing on both new purchases and balance transfers. You would probably need a credit score in the high 600's. Another option if your credit score is a bit lower would be the Capital One QuicksilverOne Rewards Credit Card. It has a lower credit requirement than Slate, and still has an introductory period of 0% until January 2016 (or about 9 months) on purchases and balance transfers. 

 
 

If I want to pay off my 8.5% student loan with a balance of $8,500 using a credit card then balance transfer to a 0% card for 21 months and pay it all off. What would be the down side and could you recommend a good card for it?

- Asked Apr 7 , 2015

 

First, it is unlikely that your student loan provider will accept a payment via a credit card, so what you will really need to do is find a credit card that will allow you to perform a balance transfer from a student loan. Some card issuers allow this while others do not, so you need to investigate this first. Cards that allow balance transfers to student loans include Bank of America, Barclaycard, Capital One, Citi Bank, US Bank, and Wells Fargo.

 

As for the downsides, the first would be the 3% balance transfer fee. Although this cost will be less than the interest payments, it will still be significant, $255 in this case. Next, you should know that most 0% APR promotional financing offers are available for 18 months or less, but there are a few that offer 21 months, but they are rare. Keep in mind that any credit card debt that you still have when the 0% rate expires will be subject to an even higher rate than your current loans. Therefore, I would only transfer what you could comfortably pay off during the promotional financing period. 

 

Finally, you should know that you might be consuming a high percentage of your available credit, which can hurt your credit score somewhat. Nevertheless, this temporary drop in your credit score might be an acceptable tradeoff for saving hundreds of dollars in interest charges.

 

As for card recommendations, the Citi Simplicity offers 21 months of interest free financing on both new purchases and balance transfers. This card also has no late fees, penalty interest rates, or annual fees.

 
 

I would like to use the convenience checks I received to pay off my balance transfers. Do most companies offer that? It isn't considered a cash advance is it?

- Asked Feb 24 , 2015

 

As a general rule, convenience checks (the checks many banks send out unsolicited to credit card holders) are only convenient for the banks. When you use a convenience check, it is treated as a cash advance, with several expensive reprecussions since the amount of the check is considered to be a cash advance. This means three things: First, interest will begin to acrue on your cash advance balance immediately, and can't be waived by paying the statement balance in full. Furthermore, a higher, cash advance interest rate is likely to apply to that balance. Finally, most credit cards charge an additional cash advance free which is often 5%.

 

The best way to perform a balance transfer is by contacting the card issuer that you want to transfer the balance to. That card issuer will request the information about the accont you will be transfering the balance from, and will essentially issue payment to that account. Doing so will only incur the 3% balance transfer fee imposed by most credit cards.

 
 

I have a credit card that has no interest on a balance transfers until January 16th. Will I pay interest on entire balance transfer if its not payed off by January?

- Asked Feb 22 , 2015

 

The answer is no. Promotional financing offers for balance transfers feature interest free financing that covers the length of the offer. The 0% APR applies to the transfered balance until that rate expires. Only at that time will the standard interest be applied to any remaining balance going forward.

 

Perhaps you are confusing this with the "same as cash" financing offers that are heavily promoted by retailers. With those offers, customers are incurring interest from the first day of the loan, but the interest charges may be waived when customers pay off their entire balance in full before the promotional financing period ends. When they fail to pay off their entire balance by that time, then they are responsisble for all interest charges incurred during the financing period. And when you consider that these offers typically have very high interest rates, the financing charges can be monumnental. Thankfully, with 0% APR financing on balance transfers, you will only start to incur interest on the remaining balance after the 0% rate expires. 

 
 

What is the best card for someone with excellent credit (750 FICO score) with no annual fee, low rate, and 0% APR balance transfer offer?

- Asked Feb 18 , 2015

 

The best balance transfer card is the currently the Chase Slate. It is the only card on the market that offers 0% APR for balance transfers, and no balance transfer fee. In contrast, all other competing offers charge a 3% balance transfer fee, which can be a considerable expense.

 

The Chase Slate offers 15 months 0% intro APR for both new purchases and balance transfers, which by itself is pretty strong. Qualfying balance transfers must be completed within 60 days of account opening, otherwise the 3% fee will apply. In addition, Slate cardholders have complimentary access to Blueprint, Chase's innovative service to help people manage their credit card accounts. In addition to powerful budgeting and goal setting tools, Blueprint allows cardholders to save money on interest by paying some charges in full while carrying a balance on others. Other competing offers include the Citi Simplicity card, which features 18 months of 0% APR financing on both new purchases and balance transfers, and includes a 3% balance transfer fee. 

 
 

I’m looking to transfer my balance to a 0% interest credit card. My husband suggested Chase Slate because that’s what his boss suggested. I’m currently with Chase so I’m not sure if I’ll be eligible for the 0% interest since I already bank with them.

- Asked Jan 4 , 2015

 

Performing a balance transfer is a great way to save money from high-interest payments. Chase Slate is a great card for balance transfers because it’s the only card on the market that offers 0% APR on the balance transfer and waives the balance transfer fee, which is usually 3%. I want to point out, however, that the transfer must be done in the first 60 days of opening your account in order to avoid paying that fee. Since you already have a credit card from Chase, you won’t be able to transfer your balance to the Slate card. That’s because you can’t transfer balances within the same bank. That can be frustrating, but if you think about it, it makes perfect sense from the banks perspective. 

 

I would visit the balance transfer credit cards page and compare those offers side by side using our compare tool. You will want to find a card that offers 0% for at least 12 months. There may still be a balance transfer fee with the card you choose, but a 3% fee is much better on your wallet than paying 21.99% interest on the transfer. You may also want to use our balance transfer calculator to help with your decision and time needed to pay the balance off in full.