0% balance transfer credit cards: One from American Express<sup>®</sup>

0% balance transfer, low apr credit cards directory. Transfer your balances from your old, higher APR credit cards, such as Visa, or MasterCard for free! It's a smart way to consolidate and track your total debt and to gain control of your finances. Take advantage of a special introductory balance transfer APR credit card, when you transfer your high-interest credit card amount,or small loan balances to your new, low APR credit card. Use one of the free balance transfer credit cards such as Discover Platinum or Subaru from Chase. To see if a great rate is available for you, or to see how much you can save, just scroll down!.

We collected all the free balance transfer credit cards available on the Internet.

Applying online is very simple. Just choose the credit card you like the most on this page and click it. On the next screen you'll see even more detailed information about that particular credit card. Then just answer a few questions to apply. You'll get an answer to your credit card application in a few minutes!

Here’s a little info about
Annual Percentage Rate:

It can either be "fixed" or "variable". Fixed-rate APR-s are usually a little higher, but you know exactly how much you will be charged each month. A variable or floating rate will fluctuate based on a published index.

For example: The APR on your credit card is 18%. Typically, credit card companies calculate that rate on either a daily or monthly basis. The daily rate is calculated on your daily balance and the monthly rate on your monthly.
Let's say you charge $800 for a new TV. Few weeks later, you get your bill and you decide to pay only the minimum. This is when finance charge steps in, and if your card works on a monthly basis, you will be charged 1-1/2% , (or1.5 %) interest on $800.

Where did the 1.5 % come from? That’s 18% divided by 12, as 12 months in a year. (Annual Percentage Rate).

Next month, when you get your bill, and you did not charged anything on your card, and you made your minimum payment of $15, you will be unsatisfised.

From the $15 minimum payment you made, $12 pays the interest and only $3 will reduce the $800 down to $797. — which does not seem like much progress.

This is where you have to be carefull. If you only make the minimum payment each month, most of your money goes toward paying off the finance charge—the amount you’re being charged on the money you’ve effectively borrowed from the credit card company.

So, if you borrow the money for a long time, you would end up paying far more for the product than you originally wanted.

This is why it’s far more smart business—to choose a card with low APR and pay not only the minimum payment but as much as you can !

One from American Express

Every time you make a purchase with the American Express One® Card, American Express will contribute funds directly into an FDIC-Insured High-Yield Savings Account that's automatically opened in your name. This High-Yield Savings Account will earn interest at a competitive Annual Percentage Yield (APY), currently 3.50%¹. The Card features the Savings Accelerator plan, which contributes a full 1% of your purchases directly into your FDIC-insured High-Yield Savings Account² at American Express Bank, FSB.

There is no limit to how much you can earn and the money is yours to save and use however you'd like.

The American Express One Card lets you buy for your family today—while automatically building interest—earning savings for tomorrow.

American Express One® Card benefits:

Every dollar spent can be money saved and interest earned.

Carry a balance without paying interest on new purchases
Unlike most cards, the American Express One® Card offers a feature called Interest Protection. With it, you can pay your bill in full at the end of the month or pay over time – but you never pay interest on new purchases. So – by choosing to pay with the American Express One® Card – not only are you free to carry a balance for last month's vacation, you can also avoid paying interest on this week's groceries.

No pre-set spending limit
The American Express One Card has no pre set spend limit, so you can spend a little more if you need to. And to keep track of your spending, you can use the Spend Tracking Alert to designate a monthly spend amount – and set up e-mail or text message reminders to alert you when you've reached that amount.³

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