Home » High Tech / Internet Articles » Best balance transfer credit cards
Best balance transfer credit cards
Transferring your credit card debt to a new credit card can be a great way to save money in the short term, but - more importantly - should be used as breathing space to sort out your debt in the long term, advises Credit Card Genie.
Ref. CCG1506/05
/High Tech - Internet PR News/ - May 17, 2006 - Transferring your credit card debt to a new credit card can be a great way to save money in the short term, but - more importantly - should be used as breathing space to sort out your debt in the long term, advises Credit Card Genie, the independent website which helps consumers find the best balance transfer credit cards - http://www.creditcardgenie.co.uk/best+balance+transfer+credit+cards/
Philip Wilkinson, CEO of Genie Group, comments:
"There are some great balance transfer deals out there if you shop around, and you might be able to secure a break in your repayments of up to 12 months. If you have large credit card debts, this kind of window could be invaluable, but clearly should not be used as an opportunity to simply run up bigger debts.
"Feedback from our users suggests that in-debt consumers should take advantage of these special rates from the competing credit card companies, and use the opportunity to pay off as much debt as possible. Zero balance transfers often mean high APR's, so make sure that you don't run up even more debt."
Top deals for balance transfer rates:
1. Barclaycard Platinum - 0% balance transfer for 12 months, then 17.9% APR.
2. Marbles - 0% balance transfer for 9 months, then 14.9% APR.
3. virgin Option 1 - 0% balance transfer for 9 months, then 14.9% APR.
4. Post Office - 0% balance transfer for 6 months, then 14.9% APR.
ENDS
Notes to editors
1. Credit Card Genie allows users to compare credit cards online, and is part of Genie Group.
2. Genie Group Ltd is a leading independent provider of internet comparison shopping services in the UK, and was set up in 2004 by Philip Wilkinson (co-founder of Kelkoo UK). Genie Group's unique selling point is 'the Genie', which makes personal recommendations to internet shoppers based on ground-breaking, intelligent technology. This gives Genie Group the ability to provide an enjoyable and satisfying internet shopping experience, and deliver an unmatched quality of sales leads to our affiliate merchants. Genie Group launched its flagship broadband comparison service Broadband Genie in January 2005.
3. More information can be found at http://www.creditcardgenie.co.uk. Please direct all media enquiries to Ciaron Dunne (ciaron.dunne@geniegroup.co.uk). Interviews with Philip Wilkinson can be arranged on request.
4. Genie Group, Waterloo Business Centre, 117 Waterloo Road, SE1 8UL, 0870 330 2877
About Genie Group Ltd
Genie Group Ltd is a leading independent provider of internet comparison shopping services in the UK, and was set up in 2004 by Philip Wilkinson (co-founder of Kelkoo UK). Genie Group's unique selling point is 'the Genie', which makes personal recommendations to internet shoppers based on ground-breaking, intelligent technology. This gives Genie Group the ability to provide an enjoyable and satisfying internet shopping experience, and deliver an unmatched quality of sales leads to our affiliate merchants. Genie Group launched its flagship broadband comparison service Broadband Genie in January 2005.
---
Press release service and press release distribution provided by http://www.24-7pressrelease.com |
|
|
Press Release Contact Information:
Ciaron Dunne
Genie Group
Mr
Website: Visit Our Website |
|
|
|
|
| HIGH TECH / INTERNET ARCHIVE SEARCH |
|
|
| |
| SUBMIT HIGH TECH / INTERNET NEWS |
|
|
| |
|
|
Advertise With Us |
About Us |
Contact Us