The only 0% APR for life on balance transfers card that I’ve seen require you to make a purchase at least once a month. This actually means that you will be paying interest every month because payments go towards the balance transfer instead of new purchases. However, I do know of several companies that offer 0% APR on balance transfers for 12 months with no balance transfer fee or usage requirements. This means that you could transfer your balance to a new card every year and never pay a cent in interest payments.
Yes they are very RARE – I don’t even know if any CC companies are offering them anymore now that the interest rates have risen. But I had one. So I know 100% that they are out there.
It is the #1 way that helped me get out of huge debt. We owed over $57,000 in CC debt and over 10 years we paid it off. about 3 years ago is when I got the 0% offer for the life of the transfer and it was the BIGGEST help.
If you don’t come across a 0% for the life of the balance – you should go for the 3.99% ones. They are still out there – I know cause I just threw one in the garbage this morning. (I don’t need it anymore because we are debt free ) YIPPY!!
Good luck finding those great deals. And remember don’t miss or be late on any payments – you will regret it… they will raise your rate on you and beat you over the head with it!
PS – My 0% for life card DID NOT require ANY further purchases. It was AWSOME!!
If you get any cards that tell you, you must make purchases – STAY AWAY from them.
The only 0% APR for life on balance transfers card that I’ve seen require you to make a purchase at least once a month. This actually means that you will be paying interest every month because payments go towards the balance transfer instead of new purchases. However, I do know of several companies that offer 0% APR on balance transfers for 12 months with no balance transfer fee or usage requirements. This means that you could transfer your balance to a new card every year and never pay a cent in interest payments.
Yes they are very RARE – I don’t even know if any CC companies are offering them anymore now that the interest rates have risen. But I had one. So I know 100% that they are out there.
It is the #1 way that helped me get out of huge debt. We owed over $57,000 in CC debt and over 10 years we paid it off. about 3 years ago is when I got the 0% offer for the life of the transfer and it was the BIGGEST help.
If you don’t come across a 0% for the life of the balance – you should go for the 3.99% ones. They are still out there – I know cause I just threw one in the garbage this morning. (I don’t need it anymore because we are debt free ) YIPPY!!
Good luck finding those great deals. And remember don’t miss or be late on any payments – you will regret it… they will raise your rate on you and beat you over the head with it!
PS – My 0% for life card DID NOT require ANY further purchases. It was AWSOME!!
If you get any cards that tell you, you must make purchases – STAY AWAY from them.