However, if you have a 0% card and make the same monthly payment then the balance is reduced to 100 pounds at the end of the period of six months, a huge saving! Third, do not pull the offers you receive in the mail away. If you have great credit then it is likely that the credit card companies vying for your attention. Just use this power to their advantage and to find the best 0% is best for you. If no good deals seem apparent, then you have to find their agreements. You can do this by conducting a thorough search on the internet to see if you can find a card offering 0%.
Once you've done this, request information and then review it carefully. Pay close attention to the rate after the initial introductory period is over. For example, if you have two choices of cards with rates of 0% interest credit cards.html for 6 months and one charges an interest rate of 15.00% after the initial period and one that charges 11.00 % after the initial period then by all means choose the second because it is by far the best deal in general. Read and reread the holder of the credit card agreement of a couple of times. Make sure you understand all the technicalities and if not, find someone who does before signing. Close examination to ensure you are getting the best deal possible. For example, when evaluating offers, you should ask yourself these questions: How long does the introductory rate last? What is the rate after the teaser expires? What are the cards annual fees? You can give them? Are there any transfer fee should be considered? Are there benefits to be offered? (Exodus a frequent flyer miles, gifts, etc..) Once you have decided on an offer, complete the full application and get in the mail as soon as possible. Once you get the offer, make sure it is a teaser rate of 0% and if not, contact the company immediately.
If they are not open to it, then tell them of the cancellation of the card and find another company that offers what they promise. Its main objective is to avoid the old "bait and switch" and at the same time save money on interest. While waiting for your new card, make sure you continue to pay on your old card to avoid flaws in your credit report and once it receives notification that the transfer is done, be sure to contact the former company and ensure that they have received the payment amount. After the type of claim is up, do not be afraid to jump from one credit card to another after the teaser expires. You see, there is absolutely nothing wrong with the surf and building card offers 0% whenever possible. Just keep searching and investigation of great deals. That's my friend. Credit card transfers do not have to be so confusing and intimidating. If you follow the steps listed below can and will win the balance transfer rate and stop throwing your hard earned money down the drain.