Maintain your old Siemens Hipath system

Balance Transfers Can Help You Stop Putting Money Down The Drain!

As you probably know, interest rates are at all time low right now and if you aren't getting the best deal from your credit card company then they owe it to you to either lower your rate, or you owe it to yourself to find a better deal. You see, credit card companies need your business in order to succeed and if you refuse to pay a penny more than you have to then you'll be doing yourself and others a big favour indeed. By doing this, you'll avoid paying more than you should and the companies will stop treating its clients inappropriately.

Now that this is clear, we will talk about the essentials of balance transfers, how they work and how you can ensure that you get the absolute best possible deal.

  • First and foremost, understand what a balance transfer http://www.the-credit-card-centre.co.uk/balance-transfers.html is. A balance transfer is when you transfer the balance from one card to another in order to get a better interest rate than the one that you are currently getting.

  • Second, to find the absolute best deals, look to transfer balances on cards where the initial interest rate is 0% and the amount after that is lower than the one you have now. For instance, if you're a cardholder that has an interest rate of 27.4% on a £1000 balance and you only pay £150 a month for 6 months, you will not pay off the balance in 6 months. Instead you will pay £247 worth of interest and your balance after 6 months will be £346. In contrast, if you had a 0% card and make the same monthly payment then your balance will be reduced to £100 at the end of the 6 month period, a tremendous saving!

  • Third, don't throw those offers that you receive in the mail away. If you have great credit then you'll likely have credit card companies vying for your attention. Just use this power to your advantage and find the very best 0% deal for you.

  • If no good deals seem apparent, then you have to find your own deals. You can do this by conducting a thorough search on the internet to see if you can find a 0% card offer.

  • Once you've done this, request information and then review it carefully. Pay close attention to the rate after the initial introductory period is over. For instance, if you have two choices of cards with 0% interest rates http://www.the-credit-card-centre.co.uk/0%-credit-cards.html for 6 months and one charges an interest rate of 15.00% after the initial period and one that charges 11.00% after the initial period then by all means choose the second one because it is by far the better deal overall.

  • Read and then reread the credit cardholder agreement a couple of times. Make sure that you understand all of the jargon and if you don't, find someone that does before you sign it. Review it closely to make sure that you are getting the best deal possible. For instance, when evaluating deals, you should ask yourself these questions:

  • How long does the introductory rate last?

  • What will be the rate after the teaser expires?

  • What are the cards annual fees? Can they be waived?

  • Are there any transfer fees that you should be aware of?

  • Are there any perks that are offered? (Ex. frequent flier miles, free gifts, etc).

  • Once you've decided on an offer, fill out your application fully and get it in the mail as soon as you can.

  • Once you get the offer, make sure that it is a 0% teaser rate and if it isn't, then contact the company right away. If they aren't open to doing so then tell them that you're cancelling the card and look for another company that delivers what they promise. Your primary goal is avoid the old "bait and switch" while simultaneously saving money on interest.

  • While waiting for your new card, make sure that you continue to pay on your old card to avoid glitches in your credit report and once you receive notification that the transfer has been made, make sure you contact the old company and make sure that they received the payoff amount.

  • After the teaser rate is up, don't be afraid to jump from one credit card to another after the teaser expires. You see, there is absolutely nothing wrong with surfing cards and taking advantage of 0% offers whenever you possibly can. Just keep finding and researching great deals.

    That's it my friend. Credit card transfers don't have to be so confusing and daunting. If you follow the above mentioned steps then you can and will win the balance transfer rate and stop throwing your hard earned money down the drain.

    About The Author

    Claire Bowes is a successful freelance writer and owner of the Credit Card Centre http://www.the-credit-card-centre.co.uk/ where you will find further advice and tips on the best credit card deals http://www.the-credit-card-centre.co.uk/best-credit-cards.html , balance transfers and 0% credit cards.

    In The News:

    Parents and son, 7, killed in Genoa bridge collapse
    Wed, 15 Aug 2018 10:00:00 +0100
    A family of three who were driving to Sardinia for a holiday were reportedly among those killed in a bridge collapse in Genoa, Italy.

    Munich attack widow: Corbyn must apologise
    Tue, 14 Aug 2018 22:31:00 +0100
    The widow of one of the victims of the Munich Olympics terror attack has accused Jeremy Corbyn of hypocrisy and has demanded he apologise.

    Child abuse by hundreds of priests covered up
    Tue, 14 Aug 2018 23:54:00 +0100
    The abuse of more than 1,000 children for decades by hundreds of priests was systemically covered up by church officials, , according to a report.

    Face transplant gives hope after suicide attempt
    Wed, 15 Aug 2018 04:04:00 +0100
    A 21-year-old woman who tried to take her own life by shooting herself in the face has become the youngest person in the United States to receive a face transplant.

    Stolen Buddha bronze to be returned to India
    Wed, 15 Aug 2018 05:20:00 +0100
    An ancient bronze statue of Buddha, stolen from an Indian museum 60 years ago is to be returned to the country after being spotted at a London antiques fair.



  • tikatoshop.it

    Erfahrungen mit Pallhuber Wein
    Agen Bola SBOBET Terpercaya

    Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.

    Credit Suicide

    Few things influence the home buying process more than your... Read More

    How To Get Out Of Credit Card Debt

    If you're like the average person, let me warn you... Read More

    Types of Credit Cards

    There are a whole variety of different types of credit... Read More

    Shoppers Beware - Tis The Season

    It's the number one complaint from consumers and it only... Read More

    Your Credit Card May Be Costing More Than You Think!

    Do you know what your credit card is truly costing... Read More

    Credit Report Disaster Through Mistaken Identity

    I've got some very important info I want you to... Read More

    Making Sense of the Information in Your Credit Report

    If you've ever applied for a credit card or loan,... Read More

    Dont Trade Your Future for Todays DooDads

    "Easy Low Down Monthly Payment," "Buy Now Pay Later," "You... Read More

    Special Credit Information for Married Couples

    If you are married, establish separate credit accounts.Try to finance... Read More

    How To Save Money On Credit Cards

    Some credit cards offer a cash advance option. But how... Read More

    Top 7 Factors to Consider While Reviewing Credit Card Offers

    Credit cards have migrated from being hip or convenience product... Read More

    Low Interest Credit Cards: A Thing of the Past?

    With interest rates rising, low or zero percent credit cards... Read More

    How to Evaluate and Raise Your Credit Score

    Why do some people get offers for pre-approved credit cards... Read More

    Credit Cards, Merchant Accounts, and Your Bottomline

    Q: I'm opening a gift shop and want to be... Read More

    Credit Card Expenses Are Killing Your Budget!

    Do you know the costs associated with your credit card?... Read More

    Credit Cards -- What You Should Know

    There are a lot of questions about using credit cards.... Read More

    Teaching Students To Keep Out Of Credit Card Debt - The Parents Role

    Parents have the full responsibility for their children and their... Read More

    How Does a Creditor Determine Whether to Grant You Credit?

    Credit 101How does a creditor determine whether to grant you... Read More

    How Can A Qualified Mortgage Consultant Help Boost Your Credit Scores?

    Consumers interested in purchasing or refinancing a home will pay... Read More

    What Is a FICO Score and How Do I Make It Work for Me?

    Whether or not you receive a loan and what interest... Read More

    Credit Card Tips

    Here are some useful credit card tips for you to... Read More

    What is on Your Credit Report?

    Your credit report is a very important piece of the... Read More

    Choosing The Credit Card That Is Right For You

    Credit cards represent an important part of our financial lives.... Read More

    How To Avoid Becoming A Victim of Identity Theft

    With identity theft statistics currently at an all time high,... Read More

    How to Get Credit Reporting Agencies to Help You

    The process of clearing credit can be laborious and frustrating.... Read More