Balance Transfer Store Credit Cards
Balance Transfer store credit cards can be a great way to save money from a high interest store store credit. If you have a high rate store credit card at lets say 22%, then it might benefit you to get a balance transfer credit card.
Some balance transfer credit cards offer 0% for 24 months and no payments for 12 months to 2 years.
Now, typically how the balance transfer works is:
- You must sign up for a new credit card that offers a balance transfer promotion.
- You must still need to qualify for the card and see how much the card company gives you a credit limit of.
- Once you get approved and find out what your credit limit is you need to decide how much money you need.
- Make you determine the amount of to balance transfer, you should inquire. How much the fee to complete the balance transfer.
THE BEST PART of paying off multiple cards all on different dates is you can consolidate all of your balances onto one card. Find the best credit card transfer offers.
How a Balance Transfer Credit Card Works
Most asked question about balance transfer:
Can I transfer a balance from a store credit card?
The simple answer is..Yes.. You can transfer your balances from a store credit card or other credit cards.
Also typically balance transfer fees can be 3-5% of the total amount of your credit balance. Find out exactly how Balance Transfer Credit Cards Work.
Apply for Credit
You can apply for a credit card for balance transfers. Find a retail store credit card or major credit card where you can earn rewards or receive low interest rates.