0 Balance Transfers
February 26th, 20060 balance transfers are a liked feature on credit cards, especially as part of initial rates. Individuals use them when they get new credit cards, because their old ones have rates that are too lofty and are crippling them financially. Typically, new credit cards will possess a lower rate than the one that you are paying, at least for the first six months, to lure you in and get you to use their card instead of the old one. They use o balance transfers as an incentive to get you to switch your old balance to their card at 0 apr for you. This is deffinitely a fair deal for you, if it genuinely is a low apr card.
