Balance-transfer Sentence Examples
There may be fees charged for the balance transfer.
Considerations like annual percentage rates, fees, rewards such as airline miles or cash back and balance transfer promotions--the process can leave your mind swimming in a sea of chaotic thoughts.
What may appear to be a perfect balance transfer offer may instead simply be an introductory offer that graduates into a higher interest than you were paying prior to the transfer.
This means that you should limit your use of balance transfers and not get into the habit of frantically searching for a low interest rate balance transfer every time an introductory rate is about to expire.
A balance transfer can be a great financial tool, but should not be considered a perpetual solution.
Some companies charge a specific balance transfer fee regardless of the amount of your transfer.
Term of 0% balance transfer offer - How long is the 0% balance transfer offer valid?
This card has no annual fee, but it has a slightly higher APR after the introductory period and there is a balance transfer charge.
Choose based on desired rewards such as ThankYou points, American Airline miles, unlimited companion travel with ThankYou points, a balance transfer card and the Professional Cash Card.
It is always important to read all of the terms of a balance transfer before you agree to it.
AdvertisementSecured accounts that offer balance transfers may require a higher deposit, but it probably won't equal the balance transfer amount since it is usually in the thousands of dollars.
This process can take a couple of payment cycles, so it's important to keep paying your bill until you have verified that the balance transfer has been made.
Is there a fee to do the balance transfer?
Is the balance transfer interest rate introductory, or will it remain the same for as long as the balance exists?
Is there a grace period on the interest for the balance transfer, or does interest start accruing the same day the balance transfer is initiated?
AdvertisementThe interest rates offered by Tesco are competitive, and the balance transfer options are quite attractive.
Be sure you understand the terms of the balance transfer so you don't wind up paying more money in the long run.
Check out the fees charged for a balance transfer or the use of a convenience check.
The goal of applying for a balance transfer card is to save money on interest payments by moving your balance from a card with a high rate to a card with a lower rate.
Balance transfer fee - The balance transfer fee is typically 3 percent.
AdvertisementBut some issuers have raised their balance transfer fee in recent months.
For example, Bank of America raised it to 4 percent in the summer of 2009; Discover increased their balance transfer fee to 5 percent at the start of 2010.
You should identify any fees associated with the transfer such as a balance transfer fee of three-five percent of the balance transferred.
Some cards may charge a minimum balance transfer fee (such as $99) instead of a percentage-based fee.
The Citi Platinum Select card is a good card for cardholders who want to transfer small balances, but be aware there is a balance transfer fee.
AdvertisementBe aware that this card has a 5 percent balance transfer fee.
Combining the two entails a balance transfer from one card to another, and the fees charged for doing so would occur on both accounts, plus possible additional charges for the balance transfer.
The fees may vary depending on whether the balance transfer occurs over the phone, at an automated teller machine, online or at a bank branch.
Make a budget before initiating the balance transfer onto the prepaid card, and include all fees and expenditures along with relevant income.
You'll want to read all of the documentation on fees for the cash advance, balance transfer and prepaid cards.
You may be able to get a low promotional rate on the new card, such as 0 percent for twelve months; but, you may have to pay a balance transfer fee of around three percent of the total balance transferred.
A balance transfer involves transferring the balance of existing debt to a new card.
The reality, however, is that balance transfer checks almost always have a low interest rate while cash advance checks almost always have a high interest rate.
Balance transfers may charge you a fee, much like cash advances do, but that fee is often lower for a balance transfer than a cash advance.
If you get balance transfer checks in the mail, you can use those checks to pay off debt.
It is essential you verify that they actually are balance transfer checks before you take the step of cashing them so you don't accidentally take a cash advance.
There is no annual fee, but there is a four percent balance transfer fee.
It initially had no annual fee and a low balance transfer fee.
There is a four percent fee applied to each balance transfer transaction, which can include those made during the first 60 days.
Determine if there is a cap on balance transfer fees.
Cash advance and balance transfer fees and APRs are often higher than other fees.