Zero Percent Balance Transfer Is a Great Way to Start Your Debt Repayment

When I first started this blog I was really focused on getting rid of debt using my debt snowball.  However, since I paid it all off I realized I haven’t really posted it about it that much, but I was thinking bout what was one of the first steps I took to pay off all my consumer debt?  I transferred all the balances to a zero percent credit card.

Zero Percent Balance Transfer Offers

Below are just two examples of 0% Balance Transfer Offers:

 

Discover® More® CardBy Discover
Apply Now The Discover® More® Card is ideal if you want to earn cash back on your purchases. Through the rewards program, cardholders earn a 5% Cashback Bonus® in categories like travel, home, gas, restaurants, movies, and more. Plus, you’ll earn up to 1% for general purchases. You can also earn up to a double Cashback Bonus® for redeeming your rebates for gift certificates from participating Discover Card Partners. The card has no annual fee and features an attractive 0% introductory APR on balance transfers for 12 months, and a 0% introductory APR on purchases for 6 months. The interest rate on purchases is reasonable after the introductory rate expires, and common benefits and services are also provided.Apply Now

 

Evan

Evan is the owner of My Journey to Millions which was started to track his journey from a broke debt ridden law school graduate to building a balance sheet that would make most proud.  He has been married for 4 years and is the father of an awesome 2 year old boy.  Need more Evan? Follow him on Twitter, Contact him or get new posts directly to your email

One Response to Zero Percent Balance Transfer Is a Great Way to Start Your Debt Repayment

  1. Darren says:

    I think those deals (and most nowadays) have a balance transfer fee with them, so that’s something to look out for.

Leave a reply