Hi,
What is the best 0% balance transfer credit card on the market at the moment?
Attributes should include:
- Long interest-free window on balance transfer
- No cost/fee on balance transfer
- No annual fee
- Other sign up bonuses
Best Credit Card for Balance Transfer
the crocodile on 23/05/2017 - 21:21
Comments
What is BoM offering?
I think Op is referring to Bank of Melbourne
Here's from BoM website:
https://www.bankofmelbourne.com.au/personal/credit-cards/no-…
14 mths interest free. No BT fee. No annual fee
https://www.bankofmelbourne.com.au/personal/credit-cards/low…
Same but annual fee $49 but waived first year.
Hope it helps
@burningrage:
Also this one offers 20 months 0% balance transfer. Only catch is the $99 annual fee.
But you also get a few 'perks' like travel insurance, purchase insurance, extended warranty etc when using the card.
https://www.bankofmelbourne.com.au/personal/credit-cards/low…Ahh… that's the thing. If you use the BT, you can't utilize all these perks until you start using the card for day-to-day. $99 is a bit steep but 20 mths could be worth it.
woolworths platinum has 0 fee and BT for 14 months and $100 egiftcard
This is also what I think is the best offer out there today.
Nab Premium card probs;
"Enjoy 0% p.a. on balance transfers for 24 months on a new NAB Premium Card. 3% BT fee applies. BT reverts to cash advance rate."The 3% BT fee is "ouch"!
How does the Citibank ongoing offer stack up?
New customers. 24mths 1.5% BT Fee at present.
Pretty sure 2 weeks ago they had one without BT Fee but 20 months.
THey will have annual fee.
Good to know, cheers!
Looks like Woolworth is the way to go…
Your only hope is currently BoM and Westpac.
ANZ and NAB have been instituting 2% Balance Trf Fee and Citibank only charges BT fee on existing cardholders.
AMEX charges 1% BT Fee but they are limited to $10k.