What to look for in a balance transfer credit card.

There are several factors to consider in choosing a balance transfer credit card and we have listed some of them to look for and consider below:

Length of the interest free period, varies from 3 months to 9 months.
Transfer in fee, you may be charged for transferring balances to the card, this can be a fixed price or a percentage.
Reverted to interest rate when the deal ends, this could be reasonable around 9.9 to 14.9% or higher like 17.9% or 29.9%
Purchase interest rate, does the low transfer rate hide a big purchase rate ?
Other card holder benefits, such as points, cashback, discounts, offers.

Check out the balance transfer examples below to see how much you could save by using a 0% Balance Transfer