What credit card companies are the best for low transfer balance fees?
I have 5000 balance spread out on 4 different credit cards and i want to take one of the balances, which is 3,000, and TRANSFER it to another caard with LOW transfer balance APR fees…what are my options???
It is very likely that you are going to be charged a percentage when transferring credit card balances. This fee is usually 4-5%, with a $35-50 cap. Unfortunately, many credit card issuers have decided to eliminate the cap; resulting in consumers having to pay hundreds of dollars when transferring $1500 or more. Even worse, this fee is often considered a new purchase, meaning you pay a high interest rate for this portion of your card’s balance. Therefore, you should look to apply for a credit card that offers caps on balance transfer fees and costs. click to: http://www.credit-card-gallery.com/article/173,Credit_Card_Balance_Transfer_Tips for getting all information about low tranfer balance companies.
Kiss My ASS Capital One