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The Wells Fargo Reflect Card also offers a 21-month 0 percent intro APR on qualifying balance transfers made within 120 days of account opening, but it goes a step further and offers that same ...
A 0% intro APR credit card lets you avoid paying interest on purchases or balance transfers for up to 21 months. This can save you hundreds or thousands of dollars when financing large purchases ...
2. Use 0% intro APR cards to save money on interest charges. Many people use zero-interest promotional offers to save money on credit card interest charges — but even the best 0 percent intro ...
“Credit card interest is very high at present, with rates from 18 percent to as high as 27 percent. ... “Know that a credit transfer is not free money to extend paying off your open balance ...
For example, if you transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.
Compare it to the average credit card interest rate right now, which is above 20 percent. Fees. Balance transfer fees are typically 3 percent to 5 percent of the transfer amount.
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