Drowning in Credit Card Debt? – Move to a 12 Month 0 APR Credit Card
Getting into debt is easy but getting out of it really a difficult task. This holds good for any kind of debt and includes credit card debt too. Credit card debt reduction needs planning and discipline in the way you spend money.
One effective way of credit card debt reduction is debt consolidation i.e. consolidating debt from high APR credit cards to a low APR one. So this credit card debt reduction measure works by reducing the rate at which your credit card debt grows. Moreover, this way of credit card debt reduction also gives you a breather in the form of a short initial period when the APR is 0%. *source
Here are some 0% APR Credit Cards for up to12 Months
Blue From American Express – has no annual fee, a 0% Intro APR*, and a Membership Rewards ExpressSM program. This card has reasonable interest rate for purchases, which makes it ideal for those who plan to occasionally carry a balance. The card has a 0% introductory rate for up to 15 months of membership that can be applied towards purchases. A 4.99% introductory rate is available on balance transfers for the life of the loan. It is important to note that the balance transfer introductory rate only applies to those who initiate a transfer when applying for the card. Read Full Review Here
Advanta Platinum with Rewards - is ideal for business owners who are looking to consolidate business expenses onto one credit card account and would like to take advantage of rewards or rebates for business purchases. The card has no annual fee and a long term 0% introductory rate on balance transfers. Also, it has a very low interest rate that applies as long as payments are up to date. Applicants must review the terms and conditions provided by the card issuer. Read Full Review Here
Citi Diamond Preferred Rewards Card – features a wide array of benefits that credit card holders should take advantage of. With this rewarding card also comes the protection of Citi® Identity Theft Solutions, Price Protection Program, and $0 Liability on unauthorized purchases. Aside from being cost effective, the card offers you great balance transfer offering along with free rewards program and no annual fees. The 0% APR offered by the card for up to 12 months balance transfer is a good news to those who are used to transferring their balances. But take note that whenever you do the balance transfer, your credit limit for borrowings on the card decreases. Read Full Review Here
