I'm looking for a credit card that I can transfer all my balances onto, about $7000 but to my knowledge most credit cards won't give you a $7000 credit limit starting off, especially with a low interest rate. Any suggestions?
2007-04-09 09:29:08 · 7 answers · asked by sadlymistaken 2 in Business & Finance ➔ Credit
You can find a great list of low interest / 0% APR credit cards here:
http://www.asapcreditcard.com/0-apr.html
If you act fast, you might still be able to get a 0% APR for 15 months (on purchases and transfers!) with the Platinum Edition® Visa® Card from First National. But this offer is ending tomorrow and converting to 0% for 12 months on balance transfers. It has a very competitive ongoing APR of 11.99% too...
Otherwise, there are many other great options. If you aren't set on having a Visa or Mastercard, you should take a look at the Discover Platinum card. Very competitive with up to 5% cash back! Or, take a look at the Chase Platinum Card if you're worried about being approved for any reason. It seems to have a very high approval rate.
Of course, you should compare other offers as well. These are just some offers you should take a look at...
Hope this helps. GOOD LUCK!
2007-04-10 04:03:35 · answer #1 · answered by Anonymous · 0⤊ 0⤋
In all honesty I'd find it easier to pay the 7000 than to go out finding a High Limit, low interest credit card, so just work on it, too.
RE:
>High Limit, low interest credit card?
>I'm looking for a credit card that I can transfer all my balances onto, about $7000 but to my knowledge most credit cards won't give you a $7000 credit limit starting off, especially with a low intere...
2014-11-02 17:32:44 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Eliminating high interest credit cards by transferring to a card with a lower rate can help you save a great deal of money, allowing you to regain control of your finances. However, it is important that you understand all of the terms and conditions of your new credit card before committing enrollment. You want to make certain that the card offer is fair and that you are truly going to benefit from it. Featured are tips that will help you choose and use the right credit card for transferring balances.
Pre-determining interest rates
Most balance transfer offers are good for only the first 6-9 months of enrollment. At the conclusion of the introductory rate, the card will convert to a more standard rate, typically between 14-20%. It is important that you determine what the interest rate is going to be once the intro rate is over. If you are not sure what interest rate the card is going to be charging at the conclusion of the intro offer, call the issuer and find out.
New purchase interest rates don't equal the balance transfer rates
The intent of transferring credit card balances is to obtain a lower interest rate and eliminate your debt quicker. It is important to note that the balance transfer interest rate is not going to be the same for new purchases made with the credit card. In fact, new purchase rates are going to be higher. Also, payments that you make towards your credit card bill are going to be applied towards the balance transfer debt first, until they are eliminated. As a result, you are going to end paying a lot of money in interest costs for new purchases. It would be wise for you to pay off all of your balance transfers prior to making any new purchases with your credit card. Read more about it at: http://www.credit-card-gallery.com/article/173,Credit_Card_Balance_Transfer_Tips
2007-04-09 21:30:45 · answer #3 · answered by farran abat 3 · 0⤊ 1⤋
You are not likely to get a high limit Credit Card. However, you can split it into two cards. Apply for two zero percent cards and transfer your balance.
Citicard is good with increasing your credit limit regularly as you make sure to pay up every month. So you can gradually get to the limit you want hopefully before the promotional period runs out. Good luck on your search.
2007-04-09 09:35:40 · answer #4 · answered by Tee Kay 2 · 0⤊ 0⤋
MBNA they are the lowest that I have found with no yearly fees, also you can bargin them down in the interest that you pay, just ask to talk to a supervisor or somebody that has the authority to crunch the numbers.
2007-04-09 10:09:44 · answer #5 · answered by Bruce 4 · 0⤊ 0⤋
I've had some luck with Capital One. They have reasonable interest rates...but I think you're right that you won't get a 7000.00 limit right off. You could try calling them to see if they would work with you..
2007-04-09 09:32:51 · answer #6 · answered by sci55 5 · 0⤊ 0⤋
I was on YA for something unrelated, but this topic was shown on the sidebar...
2016-08-23 23:12:23 · answer #7 · answered by Anonymous · 0⤊ 0⤋
try here, they have a list of them
http://www.bestcreditrates.net
2007-04-10 15:40:42 · answer #8 · answered by Anonymous · 0⤊ 0⤋
go to myfico.com and this should help u
2007-04-09 09:41:57 · answer #9 · answered by shorty21 5 · 0⤊ 1⤋