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.

Share and Enjoy:
  • email
  • Print
  • StumbleUpon
  • Digg
  • del.icio.us
  • Reddit
  • Tipd
  • Tumblr
Blog Traffic Exchange Related Posts
  • spend me, spend me...evil credit cardThe Credit Card I Use (Could I Do Better?)     This site talks a lot about credit cards (here, here, and here for example). This is probably due my past experience with them. We go back. My first credit card ever was from Citibank when I turned 18. I thought it was so cool to have my......
  • Credit CardRich College Student: Understand Your Credit Cards Photo Credit: The Consumerist My weekend was eventful: we had a great time celebrating our friends’ 3 year anniversary on Friday, Saturday we joined in on another friend’s baby shower (her first child!), and Sunday we went over to another friend’s house for an intense game night. I hope everyone......
Blog Traffic Exchange Here are Some Other Great Thoughts
  • credit cardSolve Common Credit Card Problems With 4 Simple Solutions Many people are finding out that having a credit card is not quite as beneficial as they once believed.  With interest rates skyrocketing, credit limits being reduced, and people having trouble paying off their balances, many people are discovering that they got in over their heads with their credit cards......
  • question-mark.jpgReader Question -Should I Pay Off My Car Loan With A 0% Interest Credit Card? Got a question yesterday from one of the readers: I currently have about $11,000 left on my car loan at around 7% interest, but was thinking of getting a 0% balance transfer and paying it off. I understand that after the 0% period ends I will have to find another......
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. TrackBack URL


Leave a comment



This blog uses the cross-linker plugin developed by Web-Developers.Net