{"id":414303,"date":"2021-01-13T11:54:04","date_gmt":"2021-01-13T16:54:04","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=414303"},"modified":"2021-01-13T11:54:04","modified_gmt":"2021-01-13T16:54:04","slug":"new-cardratings-com-list-compares-credit-card-balance-transfer-opportunities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cardratings-com-list-compares-credit-card-balance-transfer-opportunities\/","title":{"rendered":"New CardRatings.com List Compares Credit Card Balance Transfer Opportunities"},"content":{"rendered":"
\n

While the holidays may have looked different, it didn’t curb American spending; knowing how to “see through” the balance transfer window can be crucial<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n FOSTER CITY, Calif.<\/span>, Jan. 13, 2021<\/span> \/PRNewswire\/ — As millions of Americans look at debt accumulated during the holidays, CardRatings.com<\/a>, a leader in online credit-card ratings, reveals its latest side-by-side comparison of nine balance transfer credit cards to help consumers navigate key terms and conditions that could affect their ability to climb out of debt.<\/p>\n

\n

\n
\n \"CardRatings.com
\n <\/a>\n <\/p>\n<\/p><\/div>\n

While balance transfer cards<\/a> with 0% introductory interest rates can help people who want to retire credit card debt, consumers must understand that it’s vital to pay down as much debt as possible before the introductory window closes, in order to avoid potentially high interest rates.<\/p>\n

“Our annual assessment of balance transfer cards allows consumers to compare interest rates, fees and other factors side-by-side in order to seize the best option,” explains Brooklyn Lowery, senior managing editor for CardRatings. “Most critical, though, is not missing that window of opportunity.” <\/p>\n

Find the new side-by-side balance transfer comparison here: Balance transfer credit cards 2021 comparisons<\/a>.<\/p>\n

It’s important when researching balance transfer credit cards to consider how long an introductory 0% period is needed to pay off the balance interest free and, if applicable, begin to earn cash back and other rewards. Cards geared specifically toward balance transfers rarely charge a fee, but rewards cards that feature a balance transfer offer often do. <\/p>\n

Our listing shows comparisons for the following popular cards and more:<\/p>\n

\n\n\n\n\n\n\n\n
\n

\n
\n Card <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Intro offer<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Length of
BT period<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n BT fee<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n BT
window <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Regular
APR<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Purchase
intro offer <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Length of
purchase
intro
period<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Citi
Double
Cash Card<\/span>\n <\/p>\n<\/td>\n

\n

\n 0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 18
months
on
balance
transfers<\/span>\n <\/p>\n<\/td>\n

\n

\n 3% of
each
balance
transfer;
$5 minimum<\/span>\n <\/p>\n<\/td>\n

\n

\n Within
four
months of
account
opening<\/span>\n <\/p>\n<\/td>\n

\n

\n 13.99% to
23.99%
(Variable)<\/span>\n <\/p>\n<\/td>\n

\n

\n N\/A<\/span>\n <\/p>\n<\/td>\n

\n

\n N\/A<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n U.S. Bank
Altitude
Go Visa
Signature
Card<\/span>\n <\/p>\n<\/td>\n

\n

\n 0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 12 billing
cycles<\/span>\n <\/p>\n<\/td>\n

\n

\n Either 3%
of the
amount
of each
transfer
or $5
minimum,
whichever
is greater<\/span>\n <\/p>\n

\u00a0<\/p>\n<\/td>\n

\n

\n Within 45
days from
account
opening<\/span>\n <\/p>\n<\/td>\n

\n

\n 14.99% to
23.99%
(Variable)<\/span>\n <\/p>\n<\/td>\n

\n

\n 0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 12 billing
cycles on
purchases <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Citi
Diamond
Preferred
Card <\/span>\n <\/p>\n<\/td>\n

\n

\n 0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 18
months
on
balance
transfers<\/span>\n <\/p>\n<\/td>\n

\n

\n 3% of
each
balance
transfer;
$5 minimum<\/span>\n <\/p>\n<\/td>\n

\n

\n Within
four
months of
account
opening<\/span>\n <\/p>\n<\/td>\n

\n

\n 14.74% to
24.74%
(Variable)<\/span>\n <\/p>\n<\/td>\n

\n

\n 0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 18
months
on
purchases<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Mastercard
Black
Card<\/span>\n <\/p>\n<\/td>\n

\n

\n 0%
introductory
offer<\/span>\n <\/p>\n<\/td>\n

\n

\n For first
15 billing
cycles on
balance
transfers
made in
the first
45 days
after
account
opening;
after intro
is 14.99%<\/span>\n <\/p>\n<\/td>\n

\n

\n Either $5
or 5% of
the amount
of each
transfer,
whichever
is greater. <\/span>\n <\/p>\n<\/td>\n

\n

\n Within 45
days of
account
opening<\/span>\n <\/p>\n<\/td>\n

\n

\n 14.99%
(Variable)<\/span>\n <\/p>\n<\/td>\n

\n

\n N\/A<\/span>\n <\/p>\n<\/td>\n

\n

\n N\/A<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Mastercard
Titanium
Card<\/span>\n <\/p>\n<\/td>\n

\n

\n 0%
introductory
APR<\/span>\n <\/p>\n<\/td>\n

\n

\n For first
15 billing
cycles on
balance
transfers
made in
the first
45 days
after
account
opening;
after intro
is 14.99%<\/span>\n <\/p>\n

\u00a0<\/p>\n<\/td>\n

\n

\n Either $5
or 5% of
the amount
of each
transfer,
whichever
is greater.<\/span>\n <\/p>\n<\/td>\n

\n

\n Within 45
days of
account
opening<\/span>\n <\/p>\n<\/td>\n

\n

\n 14.99%
(Variable)<\/span>\n <\/p>\n<\/td>\n

\n

\n N\/A<\/span>\n <\/p>\n<\/td>\n

\n

\n N\/A<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

“While opening a balance transfer card and making your transfer within the transfer period window is a great first step to paying off debt, there is more work to be done,” stresses Lowery. Some tips to maximize benefits of a transfer credit card include: <\/p>\n