A Guide To Finding Balance Transfer Credit Card Deals

There is a myriad of balance transfer credit card deals out there – you just have to know how to sift through all the offers and find the best ones. Obviously, balance transfers are made to consolidate debt, thus saving money on interest payments. Finding a card with an introductory 0% interest rate is a good way to transfer balances.

Among the top offers are the Citi Platinum Select Visa, the Platinum Prestige Credit Card by Capital One, the Citi Platinum Select MasterCard, the Citi Simplicity Card, the Chase Freedom Visa, and many more. One balance transfer credit card that goes with a zero introductory rare during the first 21 months is the Citi Platinum Select Visa, with a standard interest rate between 11.99 percent and 20.99 percent. You will not be held responsible for unauthorized purchases. You need excellent credit to apply for this card.

A good choice of a low interest credit card is the Platinum Prestige Credit Card by Capital One. No interest is charged on balance transfers and purchases until November 2012. There is no annual fee on this card. If your credit card is stolen or lost, you can obtain a replacement card, along with a cash advance, within 24 hours. You get travel accident insurance, and you can pick the image you want for your card. You may add your own image or choose from a large variety of images. You also need excellent credit for this card.

The Citi Platinum Select MasterCard offers zero interest on balance transfers and purchases in the first 21 months Clients get discounts on merchandise, gift cards, and travel. Zero annual fee is charged.

Chase Bank offers two varieties of balance transfer credit cards. These are the Freedom Visa – a $50 cash back option and a $100 cash back option. The former features zero interest on balance transfers in the first year and on purchases in the first six months. After this period is over, the interest rate goes up to 9.99 to 22.99 percent. The first purchase on this card earns a cash back bonus. Until September 30, you earn 5 percent cash back on charging hotel stays, airfare, and gas, up to $1,500. You are entitled to up to 10 percent cash back on purchases made at participating stores. You can redeem cash back rewards at any time. You need excellent credit to apply for this card.

The other Freedom option by Chase Bank – the $100 back – features the possibility of getting this money back after the first $500 charged to the card in the first 90 days. Some of the features are identical to those of the first card – for example, the zero interest on balance transfers in the first year and on purchases in the first six months. You also get 5 percent back on purchases made at participating grocery stores, restaurants, department stores, and even home repair stores. After the free period expires, the interest starts at 11.99 percent a year.

Hesitating which balance transfer credit cards solution to choose? Visit balance transfers to make informed decision.