12
May
2009
Posted by admin as Economics, Management
Dealing with many credit cards gives you bigger responsibility to pay the bills they’ve made. No matter if you only use one of them or even no one at all, it still haunts you (kidding). Alright, after talking about the benefit of credit card from creditcardflyers a few weeks ago, then now I’m going to talk about another benefit from the same company. Did you know that some of credit cards issued by creditcardflyers is having a special benefit: 0 balance transfer! With simple words it means that you can actually transfer the credit card balance (your current) to another credit account with zero percent balance transfer fee.

With this feature you can simply add or transfer the balance to your another credit card account which is maybe on a payment deadline time so you still can do transaction with the card. It’s a little bit tricky of using this benefit, I will give a little example: Imagine you have a card with $5000 usage limit, and you always use that. Then at the end of current month, unfortunately you don’t have enough money to pay last month’s usage bill of your credit cards. With another card that having 0% APR balance transfer credit cards you can use the balance to settle the payment even though it’s just for a temporary time since you will and have to settle the payment for your another credit cards. At least it will gives you a chance to take a little break and a time to breathe. Cheers!
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