One of the best opportunities to organize your budget is a zero interest balance transfer credit card. Banks are gaining more customers with this method and at the same time, their customers are breathing comfortably even for a short time. Briefly; You save money by transferring your debts to a bank to another bank and paying no interest. This is the logic of working with Zero interest balance transfer credit card.
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How much i can save with Zero interest balance transfer credit card ?
We can explain this with an example. For example, consider paying an annual interest of 15%. If you use a Zero interest balance transfer credit card for 6 months, you will save $ 225 on a $ 3,000 balance. Sound good ? Yes, Exactly. Even for a short period of time, the money in your pocket will save you money for a while.
Zero interest balance transfer fee for credit card
These fees may vary according to bank procedures. It is charged for 1 time. It usually varies according to the amount to be transferred and the selected period. If amount will be higher, then you may pay more. But in general, these fees are around 15%. You have to pay 15% of the amount you will transfer once.
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How to apply for a Zero interest balance transfer credit card ?
Before you fill out the application form, we advise you to learn all details from the bank. interest rates that are to be applied at the end of the period are very important. Once you have learned this information, you can fill in the application form and apply for a Zero interest balance transfer credit card. If your application is approved, your balance will be transferred within 2 weeks at the latest and the transaction will be completed successfully.
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