Credit Card Balance Transfer Offers – What To Look For

credit card balance transferOne way to reduce the amount you pay in credit card interest is to do a balance transfer switching your high interest credit card rate for a much lower rate, often times 0% for a certain number of months. The problem is that it’s often difficult to tell what all the fine print means when doing the balance transfer which may ultimately come back to haunt you if you aren’t careful.

Forum member neatdesign (Jenney) put together an excellent check-list of all the things you need to look for in the fine print of those credit card balance transfer offers to make sure you’re getting what you want:

I used to work for a credit card company, and about the only positive thing I got o


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6 Responses to Credit Card Balance Transfer Offers – What To Look For

  1. mo says:

    Could someone let me know about really good credit card offers?

  2. Free BT Hunter says:

    Mo: go to for a regularly-updated list of no fee balance transfer offers.

  3. Lee B says:

    Really good run down on the fine print “gotchas” in those credit card balance transfer offers and one that I’ll share with my students. However, is credit card balance switching really a good credit managment tool?

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  5. Anon says:

    Nice Article. Really get the details well. People out there that are thinking of doing the balance transfer game to earn interest payment should definitely re-read this article as well as use this calculator
    (decent posted on fatwallet)to see what they can even profit before doing so.

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