Everyone knows what credit cards are…unfortunately some of us know all too well how hard it can be to pay off the balances. By transferring your high interest credit card balances to a zero percent balance card you can save a lot of interest.
Not really sure what a balance transfer credit card is?
Why do I want one of these cards?
- Save money on interest. If you are paying a high interest rate on your current credit card then switch to one of the credit cards listed below to save a huge amount of interest.
- Make money on other opportunities. One money making strategy is to borrow from a zero percent balance card and invest at a higher rate. Even if you are only making 2.5% on the investment – if you can borrow enough money then that could be significant income.