Figuring out the best credit card rates in Ireland can be a daunting task. There are so many cards available each have rates for balance transfers. These can be a great way to pay off your credit card debt while saving a good deal of money on interest. Some cards only offer the introductory interest rate on the transferred amount for a short time while others for the life of the debt.
The best long term rate on balance transfers is going to be what is called a “life-of-balance transfer” interest rate. This means that any balance you transfer to the card will keep the low interest rate on that amount until you pay it off. This interest rate is a great deal if it is lower than what you are paying now and if it is going to take you a long time to pay off the balance. There are only two Irish visa credit cards in Ireland that have this deal and also have excellent interest rates
If you are able to pay the balanced transferred in under a year or plan to keep shifting your balance from card to card until it is paid off you can take advantage of cards that offer a 0% introductory rate for balance transfers. While you may assume that the longer the 0% is offered the better but this is not always the case due to the transfer fees that some card asses. These fees can be up to 3% of the amount you transfer.
For the best and most up to date information, you should always go the lenders main website, which will have all the hidden charges at that time… all you have to do it dig deep and find them!
1 comments:
teste