5 Good to Know Facts about Credit Card Balance Transfer
2. Introductory Offers
Nowadays, there is a lot of competition in the market. Every day, each of the companies comes up with a new offer for its customers. These offers play an important role in attracting customers towards them.
Some of the banks even offer a zero interest period to the customers for a certain period of time. They even offer special introductory offers on fresh purchase, balance transfer, paying EMIs, etc.
3. Lower Interest on Transferred Balance
Providing low interest rates has been an all time favourite trick of the credit card issuing banks. Even on the balance transfer, these banks offer a lower interest. This attracts the customer to a greater extent.
A very large amount of balance can be transferred to other cards, by enjoying a lower interest rate.
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