Visitor # 621
In today's economic situation, almost all items and services are getting
more and more expensive everyday. This is why people go to any lengths
just to save money. Some people try to save money by purchasing
cheaper goods and some try to save on utility expenses, like electricity,
gas, and water.
Credit cards are one of the most popular ways to purchase goods and
services. It can even be used to pay for your utility bills. With a credit
card, you don't have to carry a lot ...
Tags: credit card offers,college student credit card offers,business credit card offers
In today's economic situation, almost all items and services are getting more and more
expensive everyday. This is why people go to any lengths just to save money. Some
people try to save money by purchasing cheaper goods and some try to save on utility
expenses, like electricity, gas, and water.
Credit cards are one of the most popular ways to purchase goods and services. It can
even be used to pay for your utility bills. With a credit card, you don't have to carry a
lot of cash in your wallet to purchase the things you need in your everyday life. With a
single swipe of the credit card, you automatically purchase the items you need.
However, credit cards also have its disadvantages. With a credit card, people tend to
lose control in spending their money. People tend to spend more than they can afford.
This is why credit cards are only recommended for people who know how to manage
But, more and more people today are applying for a credit card as a way to purchase
the items they need even if they still don't have the cash for it.
There are available banks and lending companies that offer 0 percent APR credit cards.
You now wonder what 0% APR credit cards are and what it can do to benefit you.
APR or Annual Percentage Rate is used by credit card companies to calculate the total
cost of borrowing. The APR is used by credit card companies to make it easier for
them to compare loan options and also to compare lenders.
Today, there are a lot of credit card companies that offer 0% APR on their credit cards.
So, you now ask, "What's in it for me?" Since the APR determines how much you have
to pay on interest, a no interest credit is obviously the best. A credit card with 0% APR
means that you don't have to pay for interest, you only have to pay the amount you
borrowed with no additional fees.
For you or someone who is looking for a way to save money on credit cards, this offer
can be very attractive and you would try and apply for it immediately after the bank
offers this kind of credit card to you. However, before you make any decisions, you
have to consider a few things first.
First of all, 0% APR credit cards are only available on a limited time only. Sometimes,
these offers last for only 6 months to a year. People who are unaware of these things
tend to pay more than they have to because of not considering that this offer is only
introductory and they find themselves using the credit card way past the introductory
For this, you have to find out how long the 0% APR promo will last and also how
much the interest rate will be after the introductory period expires. There are times that
interest rates can go from 0 to 20% in a single billing period.
0% APR credit cards are great for making balance transfers. A balance transfer is what
people do to carry out payments from one card to another. It is a great way to pay off
your debt from another credit card. For example, if you have a remaining balance from
one credit card with 20% monthly interest rate, you can manage this debt more
effectively by transferring it to a card that has 0% interest. This means that you will
pay off the debt instead of paying off the interest rate.
Before you do this, however, you need to make sure that you can pay off the debt
during the 0% introductory period. Always remember that interest rate can really go up
after the 0% interest rate introductory period expires.