We do not offer call service for the time being but you can always write us and ask your question.
Meanwhile, as you are interested in balance transfer offers, let me tell you some general aspects that may be useful to you. First and the most important is that you can apply for a balance transfer credit card only if you have good-to-excellent credit history. It means that your credit score should be somewhere in space from 700s to 800s. If you do not meet this requirement it’s worth considering a different credit card.
The second thing you should know about is the amount of credit you are going to transfer. If you have outstanding balances on your credit cards, it is highly unlikely you will be able to move all this onto a single balance transfer credit card. However, if you transfer only a portion of it, this will be better than nothing and can be a big step towards lowering your overall debt.
Another thing to know when transferring balances is fee that may be charged by the issuer to complete the process. In general you will be asked to pay 3% – 5% of the transferring amount.
The decision to transfer balances from high rate credit cards to one offering a lower APR for several months or longer can appear a smart financial move. But as all important financial moves this requires calculation and discipline. Preliminary calculations you can do even right now. Use you our balance transfer calculator to know if it is worth transferring your balances.
This is only general information and if you want something to be clarified or have some particular questions, feel free to contact us.
Other Popular Balance Transfer Card FAQs
My wife and I have a credit card (MC) in which she is the primary cardholder, but I make the monthly payments. I want to secure a different credit card with me as the primary. Can I transfer the balance on the MC so I can get an introductory 0.00 percent APR interest rate for the first 12-15 months?
You will need good to excellent credit history to apply for a card with such long introductory period. Check your credit reports and credit scores before you apply. If your credit is good or excellent, you can apply for the Discover it® – Double Cash Back your first year card. The 0% interest introductory period […]Continue »
My friend needs dental treatment. I do not want to submit an application at this time because I do not want a declination on my credit report. Last time my score was 730. I have three credit cards with high limits but low balances. I always pay far more than the “minimum” payment. Perhaps you can tell me whether or not I should apply, based upon the above. Again, I don’t want a declination on my credit inquiries.
If you feel like you can afford and manage the fourth card, you can apply for a credit card that fits your credit history. You can consider applying for a credit card with 0% introductory period on balance transfer and pay off the balance of one or two credit cards. For example, look at the […]Continue »
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