Comments on: What is the best credit card to transfer my Citi balance to? http://www.gettingbestcredit.com/credit/what-is-the-best-credit-card-to-transfer-my-citi-balance-to/ Is Getting Best Credit All That Hard? Fri, 10 Sep 2010 14:45:23 +0000 http://wordpress.org/?v=2.6.5 By: bdancer222 http://www.gettingbestcredit.com/credit/what-is-the-best-credit-card-to-transfer-my-citi-balance-to/ #comment-1432 bdancer222 Fri, 28 Aug 2009 20:31:57 +0000 http://www.gettingbestcredit.com/credit/what-is-the-best-credit-card-to-transfer-my-citi-balance-to/#comment-1432 Pay off the balance. Credit cards are not long term financing. They are short term conveniences. If you only charge what you can pay in full each month, you don't have to be concerned with the interest rate. If you do open another credit card account, don't close the Citi account. Closing it would close your history and lower your score. Keep the account open and use it for a small purchase every 4 months or so to keep the account active. Be aware that when you transfer balances, there's a fee of about 3%. Low interest special offer deals are probably few and far between but beware that it takes very little to default to a higher rate. Pay off the balance. Credit cards are not long term financing. They are short term conveniences. If you only charge what you can pay in full each month, you don’t have to be concerned with the interest rate.

If you do open another credit card account, don’t close the Citi account. Closing it would close your history and lower your score. Keep the account open and use it for a small purchase every 4 months or so to keep the account active.

Be aware that when you transfer balances, there’s a fee of about 3%. Low interest special offer deals are probably few and far between but beware that it takes very little to default to a higher rate.

]]> By: Frank Fitton http://www.gettingbestcredit.com/credit/what-is-the-best-credit-card-to-transfer-my-citi-balance-to/ #comment-1431 Frank Fitton Thu, 27 Aug 2009 16:26:28 +0000 http://www.gettingbestcredit.com/credit/what-is-the-best-credit-card-to-transfer-my-citi-balance-to/#comment-1431 There are plenty out there that will give you a 0% interest rate on balance transfers at the beginning as a teaser rate. I'd look for one of them. There are plenty out there that will give you a 0% interest rate on balance transfers at the beginning as a teaser rate. I’d look for one of them.

]]> By: siva http://www.gettingbestcredit.com/credit/what-is-the-best-credit-card-to-transfer-my-citi-balance-to/ #comment-1430 siva Tue, 25 Aug 2009 16:58:16 +0000 http://www.gettingbestcredit.com/credit/what-is-the-best-credit-card-to-transfer-my-citi-balance-to/#comment-1430 I have choosed HSBC for the same in India. Pl check it for USD I have choosed HSBC for the same in India. Pl check it for USD

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