Personal Finance: Good Deals On Transfers

Summary


In April 2006, credit card debt totalled pounds 56 billion, with 75 per cent of cardholders paying interest on outstanding balances, says Andy Britchford at moneyfacts.co.uk.

Though new entrants like GE Money still offer a market-leading zero per cent rate for 12 months on balance transfers and purchases, he reckons the new breed of lifetime balance transfer deals - charging relatively low rates of interest on monies transferred until the balance is paid off - look attractive.

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Personal Finance: Good Deals On Transfers

Barclaycard's Fl...

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