How to Get 0 Apr Balance Transfer Credit Cards

By: Gordon Goodfellow

Whether you are struggling financially due to high credit card debt or simply want to pay less in interest than you have to, 0 APR balance transfer credit cards can put more money in your pocket every month. A great many people are struggling financially because they are juggling high credit card costs. If you have a number of monthly credit card payments at high interest rates, consolidating your balances into one zero rate balance transfer card will provide immediate financial relief. However, for long term relief you will need to pay down the debt as quickly as possible.

These introductory rate cards offer an amazing opportunity for borrowers to alleviate financial stress caused by high interest rates and to take control of their finances. Not only do 0 APR balance transfer credit cards provide much needed breathing space from high interest costs, they offer you the opportunity to alter your financial landscape by increasing available funds for cash purchases, paying down debt more quickly and freeing up funds for savings. This is not pie in the sky. May people spend hundreds of dollars every month on credit card interest. By not having to pay interest costs for a while you will gain the opportunity to get your finances into a manageable state.

Lenders use 0 APR balance transfer credit cards as a highly successful marketing strategy to attract new customers. For an introductory period of anywhere between three and eighteen months, new customers can transfer the balance of their current card (or cards) and enjoy a much needed respite from high costs. Obviously, the longer the introductory term, the greater the benefit. If you obtain a zero rate card with an introductory period of twelve months you can make significant inroads into reducing your balance as well as having a less strained family budget. However, these offers have an end date after which you will be back paying normal interest again.

What these lenders don't tell you is that there is absolutely no reason why people can't transfer the balance again to new 0 APR balance transfer credit cards at the end of the introductory period. Why not beat the lenders at their own game? There is absolutely no legal reason why you cannot apply for another zero rate card at the end of the initial offer period. In fact, you can do this as many times as you like. The only constraint is whether your application succeeds. However, if you pay your current monthly payments on time and meet normal application criteria there is no reason why your application would not be accepted.

The quickest and easiest way to find the best 0 APR balance transfer credit cards is to locate a website specializing in introductory rate cards. These websites provide comparisons of the terms, conditions and benefits attached to different cards to make it easy for you to select the right one for you. Furthermore, they usually provide an online application option so you can apply to transfer your balance from the comfort of your own home. However you choose to do it, you will benefit by taking advantage of a zero rate introductory credit card. In fact, this is a decision that can seriously change your life.

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