Balance transfer credit card
product
7 mentions
2 recordings
first heard Dec 2022
last heard 19 Feb
±0 this week
Credit‑card product allowing balance transfers with introductory 0% APR
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Moments
newest first · ▶ plays the momentAllison BaggerlyInspired Budget · #248: Debt Consolidation: What You Need To Know · 9:46 · 19 Feb
…if that balance isn't paid off in time the interest kicks in pretty quickly so again this can be a great tool but only if you respect the timeline and once again we have to say that once you have that first credit card empty and it no longer has a balance on it we don't want to keep using it we don't want to continue to add to the balance…
Allison BaggerlyInspired Budget · #248: Debt Consolidation: What You Need To Know · 9:28 · 19 Feb
…works best when you have smaller to medium balances on your credit cards, good credit because you want to be able to actually qualify for these balance transfer cards, and a very clear plan to pay the balance off before the promotional period ends.…
Allison BaggerlyInspired Budget · #248: Debt Consolidation: What You Need To Know · 8:55 · 19 Feb
…First off, most balance transfer credit cards do come with a fee, usually about 3% to 5% of that balance.…
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