Zero Percent Balance Transfer Offers Make a Difference

Guide to 0% Balance Transfers

Getting your finances on track takes time and diligence. In order to stay within your budget, you need to employ tactics that will work to keep your money where it should be – in your wallet. Using balance transfer offers wisely can move you forward financially and pay off your debt in short order.

A zero percent balance transfer card can work wonders for saving you money. Just when you get overwhelmed by mounting debt, you can find that using this type of card can save you financially and save your sanity.

ANZ Low Rate MasterCard

The lowest interest rate credit card on offer from ANZ. ANZ has one of the strongest customer service records of all Australian banks, with consistently strong customer satisfaction ratings. Apply online today and get a response to your application within 60 seconds.

• $58 annual fee
• 0% p.a. for 3 months (reverts to 13.24% p.a.) on purchases
• 0% p.a. for 3 months on balance transfers
• Cash Advance Rate of 21.49% p.a.
• 55 days interest free
• Minimum Income Requirement of $15,000 p.a.

Read the ANZ Low Rate MasterCard – Balance Transfer terms and conditions.

What Exactly is a Zero Percent Balance Transfer Credit Card?

There are several features to a zero percent balance transfer card that you should be aware of. Knowing what they are will assist you in choosing the right one for your circumstances.

• Introductory Rate of Interest

  This is the zero percent part that should make you smile. During an introductory period that is set by the card provider, you are not charged any interest. That’s right. No interest whatsoever for the duration of the introductory period!

• Standard Rate of Interest

  This is the interest rate that your card will revert to once the introductory period has ended. This period usually lasts 6 months but there are some card offers that will provide a longer period. Of course, the longer the period, the better off you are.

• Transfer Fee

  A transfer fee is usually incurred when you initiate a balance transfer. This can be a flat fee or quite often it is a percentage of the balance you are about to transfer. If the cost is too high then the balance transfer may not be worth the effort. You may pay more in fees than you would be saving by making the transfer. You will have to do the calculations to know for sure.

• Annual Fee

  The annual fee is something that most card providers charge. It is no different with a zero percent balance transfer card. However, check to see what the fees are. There are some cards that charge upwards of $200. This is a hefty sum if you are only going to use the card for the purpose of the transfer. Some of these more expensive annual fees are attached to cards that have attractive rewards programs. If you are not interested in such programs then a card with a lower fee or a no annual fee credit card may be a better choice for you.

When you are ready to tackle your debt by using one of these cards, you will need to do some comparison shopping. With the features listed above, you will be able to carefully compare and contrast the different cards so you know that you are getting the card that will be suit you and help you to accomplish the goals you have set forth for yourself.

Using these cards wisely can help you to get a hold of your finances and stay on top of managing your debt. If you view the cards as a tool and use them exclusively for this purpose to reduce your debt, you will be able to do so quickly and easily.

Check out today's featured offers:

Westpac Low Rate	Citibank Clear Platinum	Qantas AMEX Discovery	ANZ Platinum
0% p.a. for 6 months on purchases & balance transfers	2.9% p.a. for 12 months on balance transfers	$0 annual fee Up to 10,000 Bonus QFF Points	0% p.a. for 6 months on purchases & balance transfers

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Popular Credit Card Offers

			Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
	Westpac Low Rate Card - 0% Offer	A credit card with a low rate offer on both balance transfers and purchases, plus a low annual fee.	0% for 6 months (reverts to 13.49% )	0% for 6 months	$45	21.49%
	Citibank Clear Platinum Card	Competitive interest rate on purchases and balance transfers offer.	11.99%	2.9% for 12 months	$99	21.74%
	St George Vertigo	Take advantage of this great offer from St.George with a low rate on purchases and a low balance transfer offer.	13.24%	0.99% for 12 months	$55	21.49%
	ANZ Platinum Credit Card	An introductory interest rate offer on balance transfers and purchases, plus a $0 first year annual fee.	0% for 6 months (reverts to 19.24% )	0% for 6 months	$0 annual fee for the first year( $87 thereafter)	20.99%