Balance transfer credit cards
Just after Christmas, here’s a timely site: Balance transfer credit cards. Here’s the dealio; rather than paying the exorbitant interest rates on your regular credit card, you sign up for a credit card with a low or 0% APR rate for a limited time. Then quite simply, you transfer your existing credit card balance to the new card that charges substantially less interest. Voila - you’re saving a ton of money on interest. And for those that carry a balance on their credit cards you’ll know that that’s a substantial savings.
The site www.creditcardassist.com has a variety of credit card offers and offers reviews (I would assume those reviews are biased, but hopefully they’re informative). They’re showing offers from such companies as Chase, Visa, HSBC, MasterCard, Amex, and so on. They’ve also broken their products down to show such things as how low the initial APR rate is, how long it’s offered for, annual fees on the card if any, the regular APR, and here’s a neat one - how good your credit rating has to be to get that card.