Comments on: Are 0% Balance Transfers Going Away? http://www.creditcardwatcher.com/are-0-balance-transfers-going-away/ Keeping an eye on the best credit card offers Tue, 07 Feb 2012 07:43:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Manoj http://www.creditcardwatcher.com/are-0-balance-transfers-going-away/#comment-3857 Manoj Fri, 10 Oct 2008 16:03:05 +0000 http://www.creditcardwatcher.com/?p=320#comment-3857 I think that the 0% APR offers will return when the credit markets recover. Right now, banks are not making loans and the interest rates are higher than what one would imagine when the Fed rate is 1.5%. Should the credit markets recover, lending rates will go down and people will make a bee line to refinance and lock in lower rates. Banks will compete to get business and 0% APR offers may return in large numbers when that happens. I think that the 0% APR offers will return when the credit markets recover. Right now, banks are not making loans and the interest rates are higher than what one would imagine when the Fed rate is 1.5%. Should the credit markets recover, lending rates will go down and people will make a bee line to refinance and lock in lower rates. Banks will compete to get business and 0% APR offers may return in large numbers when that happens.

]]> By: Mike http://www.creditcardwatcher.com/are-0-balance-transfers-going-away/#comment-3852 Mike Thu, 09 Oct 2008 20:15:15 +0000 http://www.creditcardwatcher.com/?p=320#comment-3852 I think banks will continue to offer 0% transfers, but the days of no balance transfer fees, or even fees capped at $75 or $99, are probably over. I posted a message here about a week ago complimenting you on your blog. I regularly contribute to a website called ibankdesign, which deals mainly with bank and credit card bonuses. Just to let you know, about a year ago I posted a link to your blog at ibankdesign,in the General Personal Finance Forum. I think banks will continue to offer 0% transfers, but the days of no balance transfer fees, or even fees capped at $75 or $99, are probably over.

I posted a message here about a week ago complimenting you on your blog. I regularly contribute to a website called ibankdesign, which deals mainly with bank and credit card bonuses. Just to let you know, about a year ago I posted a link to your blog at ibankdesign,in the General Personal Finance Forum.

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