Thread: 0% credit cards
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Old 07-07-2008, 10:15 AM
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Quote:
Originally Posted by amarowsky View Post
I don't know a whole lot about credit cards especially when you're talking about using multiple thousands of dollars on them. But i was wondering if it's 0% what kind of fee's were you being charged on those?
I was talking about balance transfer fees. The majority of cards have a transfer fee of 3% with no maximum, and some cards have the maximum amount capped at $75 or $99. You will get charged the transfer fee regardless of what the balance transfer APR is, even if it's 0%. It's still possible to find cards that don't charge anything for balance transfers.
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