Browsing Credit Cards » 0% Balance Transfer Credit Cards
Related Categories: Credit Cards, 0% Purchase Credit Cards, Balance Tranfer Credit Cards, Business Credit Cards, Frequent Flyer Credit Cards, Gold Credit Cards, Platinum Credit Cards, Low Interest Credit Cards, No Annual Fee Credit Cards, Rewards Credit Cards
When it comes to credit card debt, one of the biggest issues that many Australians face is the massive interest rates that make paying it off so difficult to accomplish. When you consider that making the minimum payment will take several years to pay off most debt on a credit card, it is little wonder that switching the debt load to another card with a lower interest rate has become a very option.
This is especially true for 0% balance credit cards which many companies are marketing to attract those who have racked up high credit card debt.
This is generally an introductory rate provided by a credit card company that encourages you to switch your debt load over from your old credit cards. By offering 0%, you can potentially save hundreds of dollars when it comes to paying off your debt. However, the 0% will generally last three to six months and then a far more substantial interest rate will then kick in.
In addition, whatever the standard rate that will start up in three to six months on the debt that you have transferred will apply to any new purchases that you make on the card. So, in using the 0% interest rate, a person will only have a limited amount of time to take full advantage in knocking down their overall debt.
There is essentially one big advantage in transferring your old debt to a zero interest rate credit card. However, that advantage will have to be weighed against the potential issues that such cards will bring depending on the standard interest rate that will kick in. Naturally, you will want to choose a card that has a reasonable standard rate as one that offers 17 to 19% will simply put you back in the same situation as before.
To take advantage of the benefits, you’ll need to be ready to pay down as much of your debt as possible as long as the 0% rate is in effect. Given that many credit card companies offers this type of introductory rate for transferring the debt balance, you can wait until you are financially ready to start paying down large chunks of your debt when switching to the new card.
You will need to transfer your debt immediately to take advantage of the transfer, so be sure to read all the details on the card before making your decision.
A good tip is to transfer your new balance immediately, but still use your old car for new purchases until the balance transfer time has been completed. At that point, you can fully switch over to your new card and start purchasing items if you so desire.
The 0% balance transfer credit card can save you a considerable amount of money when it comes to paying off your debt. Just be sure to get one that has a reasonable standard rate so that you will not rack up as much debt in the future.
10/833 Collins St
ANZ Centre
Melbourne, Victoria 3000
Australia
Australia and New Zealand Banking Group Limited, also known as ANZ is among the largest international banks in terms of market capitalization in
259 Queen St
Brisbane, Queensland 4000
Australia
Bank of Queensland Limited is one of the oldest financial institutions of Australia and has its headquarters in Brisbane, Queensland.
800 Bourke Street
Docklands, Victoria 3008
Australia
NAB - National Australia Bank head office featuired in the Australian Financial Services Directory
2 Park Street
Citigroup Centre
Sydney, New South Wales 2000
Australia
Global Consumer Group – This group consist of Citibank and Diners Club brands combined offering consumer banking services, including transaction and
455 George Street
Queen Victoria Building
Sydney, New South Wales 2000
Australia
Citibank is the largest issuer of credit cards in the world, but offers a number of other services to their customers, including saving accounts, term
Level 32, 580 George Street
Sydney, New South Wales 2000
Australia
The Hongkong and Shanghai Banking Corporation Limited is a Hong Kong based Company established in 1865. It is the founding member of the HSBC Group.
400 King William Street
Adelaide, South Australia 5000
Australia
Credit Union SA - Find loans, credit cards, insurance coverage as well as financial planning and savings accounts with South Australia's own Credit
52 Argyle Street
Camden, New South Wales 2570
Australia
MacArthur Credit Union Ltd - Offers loans, insurances, saving accounts and financial planning.
481 Peel Street
Tamworth, New South Wales 2340
Australia
Northern Inland Credit Union Limited - Offers loans, insurances, saving accounts, credit cards and financial planning.
127 George Street
Brisbane, Queensland 4000
Australia
Queenslanders Credit Union Limited - Offers insurance, loans, financial planning, credit card and saving accounts.
64 Elbow Street
West Kempsey, New South Wales 2440
Australia
Coastline Credit Union Limited is a state credit union in
Shop P003, Podium Level
Bankstown, New South Wales 2200
Australia
Community First Credit Union is the largest community based
800 Bourke Street
Docklands, Victoria 3008
Australia
NAB - National Australia Bank head office featuired in the
25 Pelican Street
Surry Hills, New South Wales 2010
Australia
Police Bank loans with flexible terms and fast approvals,
121 Cardigan Street
Carlton, Victoria 3053
Australia
Loans are the major offerings made by BankVic that includes
100 Pacific Highway
Level 10
North Sydney, New South Wales 2060
Australia
Mortgage Choice Limited offers home loans, business loans,
(568 Finance Enquiries since 14-11-2016 07:49PM)
5 Lime Street
King Street Wharf Level 3, Suite 323
Sydney, New South Wales 2000
Australia
AMO is one of the leading loans and mortgage brokers in
(1686 Finance Enquiries since 08-12-2015 10:50AM)
42 Barracks Flat Drive
Queanbeyan, New South Wales 2620
Australia
Provincial Home Loans is a Canberra – Queanbeyan based
(1020 Finance Enquiries since 11-01-2016 09:58AM)
3/71-73 Wharf Street
Tweed Heads, New South Wales 2485
Australia
Aussie offers home loans, personal loans, business loans,
(424 Finance Enquiries since 19-11-2016 08:45PM)
253 Princes Highway
Level 1
Corrimal, New South Wales 2518
Australia
Illawarra Mortgage Brokers offer various types of home loans
(292 Finance Enquiries since 23-11-2016 07:52AM)
Preparing for retirement is a challenging thing for most people. It’s so easy to get caught up in the present that you forget about your financial well-being in the future. The unfortunate thing is that most people do not spend enough time planning for retirement.
The forex market is the most active and liquid exchange platform in the world. Similar to the ASX, the forex market allows investors to trade security instruments; specifically, forex traders deal in fiat currency. this paper discusses profiting from currency exchange fluctuations in the Forex
Looking to cut inefficiencies in your business? Of course you are, or at least you should be. Cloud computing allows you to run your small business more efficiently while saving you time and money, read on to see how Cloud Computing can help your business boost it's output.