Post a Comment

No Interest Credit Cards

By: Green Panda | Date posted: February 13, 2009 (7:00 am) | Write a Comment (2 Comments)

 

If you have a large amount of credit card debt, a lower interest rate will help you save a little money. The credit cards listed below are no interest for balance transfers.  If you decide to use these credit cards, use them responsibly. I looked up credit cards with no annual fees because I believe most credit cards shouldn’t charge you merely having it. 

Be aggressive in paying down your credit card debt. I found these cards that have 0% for balance transfers. Please use the card just for the balance transfers. Don’t make purchases on the cards; they are listed to help your debt payments go towards the principal. If you pay your balance in full each month, check tomorrow when I list reward cards.

This may seem odd, but if you don’t have a huge amount of debt, you may be better off by just aggressively paying off your debt on your current card. Changing your behavior with credit cards isn’t going to be fixed with a low or no interest credit card.

»crosslinked«

Blog Traffic Exchange Related Posts
  • Worst Credit Card Offer I've Seen   Ramit from I Will Teach You To Be Rich posted this photo with comments on ridiculous credit card offers. I decided to look into it and the two credit cards Wal-Mart offers: Here's the fine print: Benefits for the Wal-Mart® Discover® are only for cards issued by GE......
  • pb-visa0 % Interest Credit Cards For Balance Transfers Photo Credit: liewcf Last Updated: October 2, 2008 A lower interest rate will help you save a little money. These no interest cards are for a limited time.  If you decide to use these, use them wisely. I looked up credit cards with no annual fees to help you......
Blog Traffic Exchange Here are Some Other Great Thoughts
  • How Does a Balance Transfer Work? A balance transfer credit card can be a tricky proposition, and if you aren't familiar with the process, it can cost you money. It's not complicated to transfer a balance from one credit card to another; a 0% balance transfer can even save you much, but there are issues you......
  • Balance Transfer Credit Cards FAQ Many consumers filled with questions when it comes to using balance transfer credit cards. However, there are many benefits to using a balance transfer credit card, and you must know the facts before applying for balance transfer credit card. How Can Balance Transfer Credit Cards Save Me Money? It can......
2 Comments
  1. Comment by Fine-Tuned Finances — February 14, 2009 @ 2:05 pm

    A lot of good offers, but I don’t think the way to get out of credit card debt is to reduce the interest rate (although that does help), but rather cutting one’s life style down to nothing and making big, fat, principal payments.

  2. Comment by Green Panda — February 14, 2009 @ 2:21 pm

    @FTF: I agree that lowering the interest rate is fixing a symptom, not the problem. I focused on find credit cards with 0% balance transfers for those who are trying to eliminate their debt, but have credit card companies that won’t lower the rate. GlblGuy had to go through that same situation. This is just a band-aid fix.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.



This blog uses the cross-linker plugin developed by Jan Hvizdak, owner of Aqua-Fish.Net