0 Balance Transfer Life

Kathern · by **Kathern** » 16 May 2010, 20:02

Where can I find a 0% "life of the loan" balance transfer credit card offer? Where can I find a 0% "life of the loan" balance transfer credit card offer?

Maia · by **Maia** » 16 May 2010, 20:02

Contact your existing credit card companies... talk with a Customer Service Rep.

Recently Discover offered such a transfer option.

Jamika · by **Jamika** » 16 May 2010, 20:02

Who received offer for Discover's 0% for life on balance transfers?

I have had credit for 10 years and never got one. I have several cards with over $10k limit but they have never sent me this offer. What FICO score do u need to get one?

Perla · by **Perla** » 16 May 2010, 20:02

I did, but the offer does have some conditions. For instance you must qualify by making at least 3 purchases per month on the card. Then, of course they will put any payments toward the 0% portion of balance first. So if you do not pay off entire balance, you ARE paying interest on the 3 required purchases you MUST make each month. The deal is not as good as it looks, and because they are so sneaky about it, I rejected it.
P.S. I have only average credit rating.

Sunni · by **Sunni** » 16 May 2010, 20:02

I am looking for a credit card that has a 0% APR on balance transfers for the life of the transfer, preferably with not balance transfer fee. I have searched MANY sites and only found 0% for the first 6, 12 or 15 months then the regular APR (usually like 15% or so) from that point on. Can anybody recommend a card that will do this?
I do not receive offers through the mail.I signed up to stop receiving those (figures that as soon as I do I would like to have one lol). My credit rating is excellent, so I should have no problems getting almost any card.

Flo · by **Flo** » 16 May 2010, 20:02

Most of the answers above are spot on. (there is no free lunch)

1. you either get a 0% deal on balance transfer for a fixed period - 12 months is a good deal.

2. Or you get a fixed rate (above 0%) for the life of balance. Many American Express Cards have the fixed rate for life of balance offer. In fact, they are actually the one that started this. Examples of amex cards that offer fixed rate for life of balance are :

1. Blue
2. Blue Cash

Both give you a 0% apr on purchases and 4.99% apr on balance transfers for life of transfer.

Hope that helps.

Alfreda · by **Alfreda** » 16 May 2010, 20:02

Should I get a HELC or refinance to a 0% apr for 15 months credit card with 4.9% balance transfer for life?

We have $14.5k cc debt, $6.8k car loan, 1.5k other debt. We have $86.5k left on mortgage. The house is worth $130k. The car loan is at 5.99%. $14.5k of the cc debt is at 11.9%. the other 1.5k is 0% so we are not worried about that. We are debating on whether we should get a HELOC (7-8%) or try for a cc that is 0% for 15 months that has 4.9% on life of balance transfer. The HELOC has tax advantages but higher rates than the cc. Which do you think we should get? Another note is we want to sell our house mid next year.

Gilberto · by **Gilberto** » 16 May 2010, 20:02

It was easy until you said you were going sell --- leave car where it is and transfer the rest to a credit card -- hope you can get what you need out of your house!!!!

0 Balance Transfer Life

Where Can I Find A 0% "life Of The Loan" Balance...

Who received offer for Discover's 0% for life on...

Credit card with 0% APR on balance transfers for life?

Should I get a HELC or refinance to a 0% apr for 15 months..

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