All posts by Leonard Kreicas

Best Balance Transfer Offers June 2022

June 8, 2022NewsBalance transfer offerLeonard Kreicas

balance transfer credit cards

No interest on balance transfers until 2024 with special introductory rates on some new accounts

When you transfer your high-interest balance to a credit card offering an introductory 0% APR (Annual Percentage Rate) you could reduce your monthly credit card bills by a significant amount.

A fixed interest rate of zero financing for a year or more allows you to make affordable payment on only the balance you owe. Note that minimum monthly payments are still due until the intro period ends. Once the special 0% rate expires regular rates will apply to the remaining balances.

CHECKLIST

Most major banks charge upfront balance transfer fees that are added to the balance. Usually the fees are less than interest you’re currently paying, but check with a professional financial advisor before proceeding with a balance transfer. Fees such as balance transfer, annual, late payment, etc. could swallow up any savings on interest.

See if credit line with the new card covers the amounts you want to transfer. For instance if you have a $10,000 balance to transfer and only get a $2,500 credit line with the new card, that may not be enough to save a meaningful amount. You’ll also be complicating life by having more credit card payments to keep track of.

Never charge anything on the card since purchases often are mixed in with transfers. When that happens the entire balance may be due way before the expiration of the introductory period. If not paid in full you might even pay regular interest rates on the amounts transferred.

Normally you cannot transfer balances between cards from the same bank or issuer. Inquire whether funds from the new card can be sent to the original card. Otherwise an excess of “hard” inquiries could damage your credit score.

Allow a lag time between transfer request and its posting to the old card. A month might pass before balance is erased from the high-interest account. That delay might result in an unexpectedly large amount due for the first card.

THE CARDS

The credit cards below feature longer 0% APR periods so you can pay bills in a planned manner under the guidance of trusted financial mentor.

24 MONTH INTRO 0% APR

U.S. Bank Visa® Platinum Card

24 month 0% intro APR for transfers completed within first 60 days
24 month 0% intro APR on purchases
Balance transfer fee: 3%
No annual fee
Regular APR is 15.24% to 25.24% once intro period expires
Up to $1,200 in limited cell phone protection

Fulton Bank Consumer Platinum Visa Card

24 month zero-interest intro APR(conditions apply)
24 month 0% intro APR on purchases
Balance transfer fee: 3%
Also offers 0% APR on purchases for 24 months
No annual fee
Regular APR is 14.74% to 24.74% after intro period expires

21 MONTH INTRO 0% APR

Wells Fargo Reflect^SM Visa Card

21 month zero-interest intro APR(conditions apply)
Balance transfer fee: 3%
Also offers 0% APR on purchases for 21 months (other 0% APR purchases offers)
No annual fee
Regular APR is 13.74% to 25.74% after intro period expires

Citi Diamond Preferred Mastercard®

21 month zero-interest intro APR on balance transfers made within 4 months of account opening
Balance transfer fee: 5%
Also offers 0% APR on purchases for 12 months
No annual fee
Regular APR is 14.49% to 24.49% once intro period expires

Citi Simplicity® Credit Card

No interest intro APR for 21 first months
Transfers must be completed during initial 120 days of account opening
Balance transfer fee: 5%
No annual fee
Regular APR is 15.49% to 25.49% once intro period expires

18 MONTH INTRO 0% APR

Chase Slate Edge® Visa Card

18 month introductory no interest APR on balance transfers and purchases
Balance transfer fee: 3%
No annual fee
Regular APR is 15.74% to 24.49% after intro offer expires

Fifth Third Bank Truly Simple Mastercard®

18 month introductory no interest APR
Balance transfer fee: 4%
No annual fee
Regular APR is 12.74% to 23.74% after intro offer expires

U.S. Bank Cash+® Visa Signature® Card

18 month zero-interest intro APR(valid for first 4 months)
Balance transfer fee: 3%
No annual fee
Regular APR is 13.99% to 23.99% after intro period expires

BankAmericard®

No interest APR for first 18 months on balance transfers and purchases
Balance transfer fee: 3%
No annual fee
Regular APR is 13.74% to 23.74% after intro offer expires

Citi Double Cash Mastercard®

18 month zero-interest intro APR (first 4 months)
Balance transfer fee: 3% (first 4 months)
No annual fee
Regular APR is 14.74% to 24.74% after intro period

Citizens Bank Clear Value® Mastercard®

No interest APR for first 18 months on balance transfers and purchases
No cut-off date during balance transfer introductory period
Balance transfer fee: 4%
No annual fee
Regular APR is 14.24% to 22.24% after intro offer

15 MONTH INTRO 0% APR

PNC Core Visa® Credit Card

15 month introductory no interest APR on transfers made within the first 90 days
Balance transfer fee: 3%
No annual fee
Regular APR is 11.74% to 23.74% after intro offer

Discover It Credit Card

15 month introductory 0% APR on transfers and purchases
Balance transfer fee: 3% (restrictions apply)
No annual fee
Regular APR is 12.74% to 23.74% after intro offer

Truist Future credit card

No interest on balance transfers made within first 90 days of account opening
Low balance transfer fee of 3%
No annual fee
Low APR of 11.99% to 20.99% after introductory period

Capital One Quicksilver Credit Card

Pay NO interest on transfers and purchases for first 15 months
Balance transfer fee: 3%
No annual fee
Regular APR is 15.24% to 25.24% after intro offer

Citi Rewards+ Mastercard®

15 month introductory 0% APR on balance transfers
They must be completed within first 120 days
Balance transfer fee: 3% for first 4 months of opening
No annual fee
Regular APR is 14.24% to 24.24% after intro offer expires

Bank of America Unlimited Cash Rewards® Card

No interest APR for first 15 months on balance transfers made within first 60 days
Balance transfer fee: 3%
No annual fee
Regular APR is 13.99% to 23.99% after intro offer expires

Citi Custom Cash^SM Credit Card

No interest on balance transfers completed within first 120 days
Balance transfer fee: 5%
No annual fee
Regular APR is 13.99% to 23.99% after intro offer expires

Wells Fargo Active Cash Card

15 month introductory 0% APR on balance transfers
Balance transfer request must be made within first 120 days
Balance transfer fee: 3%
No annual fee
Regular APR is 14.99% to 24.99% after intro offer expires

Diamond Resorts World Mastercard® from Barclays Bank

15 month introductory 0% APR on balance transfers
Balance transfer request must be made within first 45 days
Balance transfer fee: 3%
No annual fee
Regular APR is 15.74% to 24.99% after intro offer expires

AARP^® Travel Rewards Mastercard^® from Barclays Bank

15 month introductory 0% APR on balance transfers
Balance transfer request must be made within first 45 days
Balance transfer fee: 5%
No annual fee
Regular APR is 16.74% to 25.74% after intro offer expires

TD Cash^SM Credit Card
TD DoubleUp^SM Credit Card

15 month introductory no interest APR on balance transfers
Balance transfer fee: 3%
No annual fee

Mastercard® Black Card (Barclays Bank)
Mastercard® Gold Card (Barclays Bank)
Mastercard® Titanium Card (Barclays Bank)

15 month introductory 0% APR on balance transfers
Balance transfer request must be made within 45 days of opening
Balance transfer fee: 3%
Annual fees are $195 (Titanium), $495 (Black), $995 (Gold)
Regular APR after intro offer expires varies on which card you apply for and credit history

Bank of America® Customized Cash Rewards Credit Card

15 month introductory no interest APR on transfers within first 60 days of account opening
Balance transfer fee: 3%
No annual fee
Regular APR is 13.99% to 23.99% after intro offer expires

BMO Harris Bank Platinum Mastercard®

15 month introductory 0% APR on balance transfers
Balance transfers must be completed within first 90 days of account opening
Balance transfer fee: 3%
No annual fee
Regular APR is 12.24% to 20.24% after intro offer expires
Available only in Arizona, Florida, Indiana, Illinois, Kansas, Minnesota, Missouri and Wisconsin

Bank of the West (BNP Paribas) Platinum Mastercard®

15 month introductory 0% APR on balance transfers
Balance transfers must be completed within first 90 days of account opening
Balance transfer fee: 4%
No annual fee
Regular APR is 14.99% to 22.99% after intro offer expires

Citizens Bank Cash+ World Mastercard®

15 month introductory no interest APR
Balance transfer fee: 4%
No annual fee
Regular APR is 15.99% to 23.99% after intro offer expires

Regions [Bank] Life Visa® Card

15 month introductory 0% APR on balance transfers
Balance transfers must be completed within first 60 days of account opening
Balance transfer fee: 4%
No annual fee
Regular APR is 11.99% to 21.99% after intro offer expires

KeyBank Latitude® Credit Card (limited availability)

15 month introductory 0% APR on balance transfers and purchases
Balance transfers must be completed within first 60 days of account opening
Balance transfer fee: 3%
No annual fee
Regular APR is 9.99% to 19.99% after intro offer expires

Elan Financial Services

Elan Financial Services issues interest-free financing on selected credit cards for 24 months with the following terms:

No interest payments for first 24 months after account opening
Balance transfer fee: 3%
No annual fee
Regular APR of 14.74% to 24.74% once intro period expires (may change over time)

A small sampling of those banks are:

Associated Bank Visa® Platinum Card
Busey Bank Visa® Platinum Card
Country Club Bank Visa® Platinum Card
Envision Bank Visa® Platinum Card
Exchange State Bank Visa® Platinum Card
First Financial Northwest Bank Visa® Platinum Card
Highland Bank Visa® Platinum Card
Hillcrest Bank Visa® Platinum Card
Independent Bank Visa® Platinum Card
Webster Bank Visa® Platinum Card
Westfield Bank Visa® Platinum Card

NO BALANCE TRANSFER FEE & INTRO 0% APR

Union Bank Platinum Visa Credit Card

15 month introductory no interest APR
No balance transfer fee on transfers made within 60 days; 3% after that (terms)
No annual fee
Regular APR is 8.49% to 19.99% after intro offer expires

Navy Federal Credit Union®Credit Card (members only)

12 month introductory 0% APR
No balance transfer fee
No annual fee
Regular APR is 5.99% to 18.00% after intro offer expires

Purdue Federal Visa Signature (members only)

12 month introductory 0% APR on purchases, balance transfers and cash advances
Balance transfer fee: 0%
No annual fee
Regular APR is 11.50% to 17.50% after intro offer expires
General membership via one-time $50 fee to join Purdue University Alumni Association as a Friend of the University

First Tech FCU Platinum Mastercard (members only)

12 month introductory 0% APR
Balance transfer fee: 0%
No annual fee
Regular APR is 6.99% to 18.00% after intro offer expires
General membership via one-time fee to join Computer History Museum or the Financial Fitness Association

Wings Visa® Platinum Credit Card (credit union members only)

12 month introductory 0% APR
Balance transfer fee: 0%
No annual fee
Regular APR is 8.15% to 18.00% after intro offer expires
General membership via one-time fee to join Wings Financial Foundation

Best Credit Card Sign-Up Offers June 2022

June 8, 2022NewsSign-up offersLeonard Kreicas

When making a purchase as low as $500, consider opening a new credit card account with a cash back sign-up offer of $200 or more.

You could earn hundreds of tax-free dollars a year by planning your credit card applications the smart way.

Since the sign-up offers usually require spending a certain minimum amount on the card, plan your larger purchases by getting a new credit card account.

Many of card’s bonus can only be redeemed for travel or store purchases. The offers below give the cardholder account holder actual cash in the form of a tax-free rebate, such as statement credit.

Chase Sapphire Preferred® Card

$600 cash back (600,000 bonus points) after you spend $4,000 on purchases with your new card within the first 3 months.
5X points on travel purchased through Chase
3X points for online grocery purchases (excludes Walmart, Target, wholesale clubs)
3X points for dining at restaurants (includes takeout and delivery)
3X points for select streaming services
2X points on travel (taxis, mass transit, airfare, lodging, etc)
1% on other eligible purchases
Cash back is redeemable as a statement credit
$95 annual fee (waived for first year)

U.S. Bank Altitude® Connect Visa® Signature Card

$500 cash back (50,000 points) after you spend $2,000 in the first 120 days.
4 points per dollar spent on travel, at gas stations and EV charging stations
2 points at grocery stores, grocery delivery, dining and streaming services
1 point on all other eligible purchases
$30 credit for annual streaming service purchases such as Netflix, Apple TV+ and Spotify®
$95 annual fee (waived first year)

Bank of America Premium Rewards Credit Card

$500 cash back (50,000 points) after you spend $3,000 on purchases on your new card within the first 3 months.
2 points per dollar spent on travel and dining
1.5 points on other eligible purchases
Preferred Rewards members earn 25% to 75% more points per purchase
Get cash back when you redeem the points you earned (100 points = $1).
$95 annual fee

Fremont Bank World Mastercard®

$500 cash back bonus after a minimum charge of $5,000 on your new card within first 3 months.
3% per dollar spent on travel and dining
2% per dollar on gasoline
1% cash back on all other eligible purchases
$95 annual fee (waived the first year)

Chase Sapphire Reserve® Card

$500 cash back (50,000 points) after you spend $4,000 on purchases with your new card within the first 3 months.
$300 annual travel credit
10X points on purchases Chase Dining^SMwith Ultimate Rewards
10X points on hotels & car rentals purchased through Chase
3X points on travel and dining, includes delivery and takeout
1X point other eligible purchases
Points worth 50% extra if redeemed for travel and other select categories
$300 annual travel credit
$550 annual fee

Blue Cash Preferred® Card from American Express

$350 back after you spend $3,000 a minimum of $3,000 within the first 6 months.
0% intro APR on purchases for 12 months.
6% Cash Back at U.S supermarkets (superstores like Walmart or Target don’t qualify), up to $6,000 per year in purchases, then 1% cash back
6% Cash Back on select U.S. streaming subscriptions
3% at U.S gas stations and on transit (includes rideshares, parking, tolls, buses, trains, and more)
1% other eligible purchases
Cash back is received in the form of Reward Dollars redeemable as statement credit.
$95 annual fee (waived for first year)

Capital One Savor® Credit Card

$300 cash back after you spend $3,000 in purchases on your new card within the first 3 months.
4% cash back on dining, entertainment, select streaming services
3% cash back at grocery stores
1% other eligible purchases
$95 annual fee

Disney® Premier Visa® Card From Chase

Get $300 statement credit with minimum spend $1,000 on purchases with new card within first 3 months
2% in Disney Reward Dollars at gas stations, grocery stores, restaurants and most Disney locations
1% in Disney Reward Dollars on all other eligible charges
$49 annual fee

Star Trek Credit Card from NASA FCU

$300 cash back after you spend $2,000 in purchases on your new card within the first 3 months.
3% rewards points on startrek.com purchases
2% rewards points at gas stations
1% rewards points on all other eligible purchases
$39 annual fee
Credit union membership required

U.S. Bank Altitude® Go Visa Signature® Card

Get $200 back (20,000 bonus points) with minimum spend $1,000 on purchases with new card within first 3 months
4x points on dining, takeout, food delivery
2x points at grocery stores (including delivery)
2x points at gas stations
2x points on streaming service subscriptions
1 point on all other eligible charges
0% intro APR on purchases for first 12 months
No annual fee

Wells Fargo Active Cash^SM Credit Card

Get $200 cash rewards after charging $1,000 within first 3 months
0% intro APR on purchases for first 15 months
2% cash rewards on eligible purchases
0% intro APR for 15 months(until 2023) on new purchases & balance transfers
No annual fee

Citi Custom Cash^SM Card

Get $200 cash rewards after charging $750 within first 3 months
5% cash back in eligible categories(up to $500 per billing cycle)
1% cash back on all other eligible purchases
0% intro APR for 15 months(until 2023) on new purchases & balance transfers
No annual fee

BMO Harris Bank Cash Back Mastercard®

Earn a $200 Bonus after you spend $2,000 on purchases in your first 3 months from account opening
2% on eligible gas and grocery purchases (maximum $2,500 combined, then 1%)
1% cash back on all other purchases
No annual fee

Chase Freedom Unlimited®

Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening
Get 3% cash back at restaurants (includes takeout and delivery)
Get 3% cash back on drug store purchases
1.5% cash back on all other eligible purchases
No minimum amount when redeeming for cash back
0% Intro APR on purchases for first 14 months(until 2023) after account opening
No annual fee

Chase Freedom Flex^SM

Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening
Earn 5% cash back in bonus categories (rotates quarterly)
Get 3% cash back on dining and drug store purchases
1.0% cash back on all other eligible purchases
No minimum amount when redeeming for cash back
0% Intro APR on purchases for first 14 months after account opening
No annual fee

U.S. Bank Cash+® Visa Signature® Card

Get $200 cash back bonus with minimum spend of $1,000 within first 3 months
5% in two categories you choose(max $2000 combined spend)
2% at grocery stores, gas stations, restaurants
1% on all other eligible charges
No annual fee

American Express Blue Cash Everyday® Card

Get $200 back after you spend $2,000 on purchases with new card within first 6 months
3% cash back at US supermarkets ($6,000 limit)
2% cash back on gas at US gas stations
2% cash back at select department stores
1% cash back on all other eligible purchases
0% intro APR on purchases for first 15 months
No annual fee

American Express Cash Magnet® Card

Get $200 back after you spend $2,000 on purchases with new card within first 6 months
Simple 1.5% cash back on eligible purchases
0% intro APR on purchases for first 15 months
No annual fee

Bank of America® Customized Cash Rewards Visa® Card

Get $200 online cash rewards after a spend of $1,000 with first 90 days
3% cash back on category of your choice
2% cash back at grocery stores and wholesale clubs
1% rewards on all other eligible purchased items
Introductory 0% APR for first 15 billing cycles(until 2023)
No annual fee

Bank of America® Unlimited Cash Rewards Visa® Card

Get $200 online cash rewards after a spend of $1,000 with first 90 days
Simple 1.5% cash back on all eligible purchases
Introductory 0% APR for first 15 billing cycles(until 2023)
No annual fee

Capital One Quicksilver Rewards Card

Get $200 back after you spend $500 on purchases with new card within first 3 months
1.5% cash back on all eligible purchases
0% intro APR on purchases and balance transfers for first 15 months(until 2023)
No annual fee

Capital One SavorOne® Credit Card

$200 cash back after you spend $500 in purchases on your new card within the first 3 months
0% intro APR for 15 months on purchases and balance transfers
3% cash back on dining, entertainment, select streaming services
3% cash back at grocery stores
1% other eligible purchases
no annual fee

Elements Financial CU Signature Rewards Visa® Card

Get $200 cash bonus after you spend $1,000 on 10 or more purchases with new card within first 3 months
1.5% cash back and rewards on eligible everyday purchases
No balance transfer or foreign transaction fees
No annual fee
Credit union membership required

Use Credit Card Bonuses Wisely

Apply these common sense rules before applying for too many credit cards at once.

Have a definite purpose
Before you pick a program, explore each one in depth.

Apply for a maximum of two cards per year
You may earn more rewards by signing up for more, but that could limit your ability to earn bonuses in the future.

Pay your balance in full every billing period
Banks rely on the fact that they earn more in interest and fees than what they give back in bonuses or rewards.

Avoid cards with annual fees
They cost more than the services they provide and closing an account limits your buying power.

Milwaukee Brewers Credit Card

June 1, 2022MLBElan Financial, Intro APR, No annual fee, Rewards, Sign-up offersLeonard Kreicas

Milwaukee Brewers Visa Card from Associated Bank

The Milwaukee Brewers Visa Card from Associated Bank offers its fans 3 great options to choose from.

No interest on purchases or balance transfers for two years with Visa Platinum Card

Introductory 0.00% APR for the first 24 billing cycles on eligible purchases and balance transfers.
No annual fee
Brewers team logo

Up to 5% cash back with the Visa Signature® Max Cash Preferred Card

Earn 5% cash back on first $2,000 of combined quarterly purchases from two categories of your choice: Home Utilities, Cell Phone Providers, TV/Internet/Streaming and more.
Earn 2% unlimited cash back from one category: Gas Stations & Ground Transportation, Restaurants & Food Delivery or Grocery Stores & Grocery Delivery.
Earn 1% unlimited cash back on all other eligible purchases.
$150 signup bonus rewarded after you spend $500 within first 90 days of account opening.
No annual fee

The Milwaukee Brewers credit card includes these many free features for your convenience and peace of mind.

No annual fee
Official Brewers team logo on credit card
Zero liability on purchases
Free account alerts for account security, charges, payments, and more
Free FICO credit score available to spot any unusual changes

Milwaukee Brewers previously had a Mastercard version issued by Bank of America under the Extra Bases program. Capital One now administers the MLB Extra Bases without team logos on the card. The description below is for archival purposes only.

Milwaukee Brewers Mastercard

Milwaukee Brewers Mastercard cardholders enjoy 0% financing on purchases or balance transfers for the first 12 billing cycles.

As an extra incentive you receive a cash back bonus of $200 after qualifying purchases of $1,000 or more (within 90 days of account opening).

REWARDS

The rewards continue because the Milwaukee Brewers credit card from Bank of America rewards you for every dollar you spend with the card.

3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings
2% cash back at grocery stores and wholesale clubs
1% cash back on all other purchases

FEATURES

The Milwaukee Brewers credit card includes these many free features for your convenience and peace of mind.

No annual fee
Official Brewers team logo on credit card
Zero liability on purchases
Free account alerts for account security, charges, payments, and more
Free FICO credit score available to spot any unusual changes

WORLD MASTERCARD BENEFITS

As World Mastercard members, cardholders can also enjoy these additional benefits.

Cell phone protection – Up to $1,000 in yearly coverage (max $600 per claim, 2 claims per year) if phone is stolen or needs qualified repairs
Enhanced ID theft protection with expert resolution services & some reimbursement of expenses
Priceless Places and Experiences
Hidden gems
Go behind the scenes
Special family time offers

Baltimore Ravens Credit Card

May 24, 2022NFLComenity, No annual fee, Rewards, Sign-up offersLeonard Kreicas

Get a Baltimore Ravens credit card and receive $100 statement credit as a signing bonus after making $500 in purchases.

The rewards continue when you use your Baltimore Ravens Visa Card for purchases.

3% on qualifying NFL and Ravens purchases
2% on grocery store, food delivery, restaurants, gyms and sporting goods purchases
1% on all other purchases

Benefits you have using an official Ravens credit card:

Official Ravens logo on card
Shop online at NFLShop.com and receive 20% off the price on most items
Entitled to special ticket financing offers(check for details)

When approved you get these features at no cost to you.

Free FICO credit score
Zero liability on unauthorized transactions
Control your card, control your spend lock feature
Chip-enabled cards for peace of mind at store checkouts
24/7 VISA Global Service
Warranty manager service
Identity Theft Alerts
Year-end summary statements to organize your tax deductions

CREDIT CARDS

Choose the right credit card for you

All posts by Leonard Kreicas

Best Balance Transfer Offers June 2022