Navy federal balance transfer deal you cannot overlook

If you are looking to clear off your debts faster and save money in the process, there can be no better time than now to make your move. The best solution to this problem is to find the right type of balance transfer credit cards in the market that are offering the longest interest free period without compromising on the other terms and conditions.

Though the task seems to be relatively simple, there are a number of such offers flooding the current financial market that may complicate matters. However, there are some offers available currently that can be considered without second thoughts.

The Navy Federal Credit Union is offering unbeatable deals and offers on credit cards, especially for people who work with the Armed Forces and other members of their family. This offer is not just applicable for new customers, but also for those who are with Navy Federal currently. Balance transfers up to $30,000 will not be charged any interest for the first year. Also, the card does not carry any balance transfer fee. The interest rate of purchases though, during this period, will vary.

The portfolio manager of Navy Federal said that is one of the best deals in the market today because though there are other banks that do offer long interest free durations, the balance transfer fees go up to 7% of the total amount transferred. In contrast, customers who come to Navy Federal can get the best of both worlds.