Get 0% on Credit-Card Transfers
Taking advantage of a 0% balance-transfer offer can save you a bundle while you're paying off a holiday credit-card balance.
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Taking advantage of a 0% balance-transfer offer can save you a bundle while you're paying off a holiday credit-card balance. And the offers are plentiful. Of the estimated 2.5 billion solicitations mailed in 2010, 71% included a 0% balance-transfer offer lasting an average of 12 months. The deals below for no-fee cards are the most attractive ones now being dangled before consumers.
The Capital One No Hassle Cash Rewards card offers a 0% introductory rate on both balance transfers and purchases until December 2011, and it charges no balance-transfer fee. You get 2% cash back on gas and grocery purchases and 1% on everything else. After the introductory period, the interest rate can go as high as 22.9%.
The Citi Platinum Select MasterCard offers a 0% balance-transfer rate for 21 months, a 3% fee for balance transfers and a 0% rate on new purchases for 12 months. After the teaser rate expires, your full rate may be as high as 19.99%.
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The Discover More card promises a 0% balance-transfer rate for 12 months and no balance-transfer fee; the 0% rate on new purchases is good for six months. When you use the Discover More card, you earn a 5% cash-back bonus on various purchases. Full interest rates range up to 19.99%.
The Chase Freedom card offers a 0% introductory rate for balance transfers (until January 2012) and 0% on new purchases for six months; you'll pay a 3% balance-transfer fee. You get 5% rebates on items in rotating categories. Your rate after the intro offer expires may be as high as 22.9%.
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
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