Home / Weekly Tips / Balance Transfers: Don't Miss Your Window of Opportunity

Weekly Tips

Balance Transfers: Don't Miss Your Window of Opportunity

If you recently applied for a no interest credit card and plan to use it to initiate a balance transfer, don't sit on your laurels for too long once the new card arrives in the mail. You certainly don't want to miss out on the 0% interest promo just for being too slow to the punch!

The truth is some credit card issuers may only give you 30 days to complete a balance transfer before your 0 percent offer expires. Others may simply provide a date after which balance transfer requests will no longer be honored at the promotional interest rate.

Every credit card company will have different rules, so as usual, the key to understanding how your balance transfer will work lies in taking the time to read the fine print before submitting your application. Look closely through the terms and conditions to determine not only how long you'll have to complete the balance transfer, but also to make sure the 0% interest offer applies to balance transfers as well as new purchases.

Still searching for the perfect card? Compare the best 0% Interest Credit Cards on the market and apply securely online today.

on Tue, 2011-04-26 17:00