We were recently
mentioned in Web User magazine, which brought us a great
deal of good publicity and lots of new memberships (thanks Web User).
Some people have emailed us to ask about transfer fees. Transfer fees
are fees that some credit cards charge to users when transferring
their balances. All the card issuers who charge such fees have their
own system of calculating this, and it would be impossible to give
a blanket assessment of such fees here. It is important, when transferring
credit card balances, to look at the small print of each card issuer
when making a decision. In the same way that APR figures can be distorted
by added charges on top of repayment rates (for loans, etc.) to affect
the true cost of borrowing, transfer fees should also be assessed
on similar principles.
image above to apply.
calculate different types of interest at different rates (a higher
rate for cash purchases than for purchase of goods or services, for
example). They also keep the more expensive parts to the end
of the queue when paying it back. That is why, whether or
not they charge you transfer fees, you should always transfer the
whole amount every time (otherwise you'll still have that more expensive
portion racking up the interest further down the line). For more information
on this you can download our free ebook "How
To Get Interest Free Credit For Years".
line with our approach to always making improvements to our service
(like our recent automation of the DIY card alert facility) we hope
to instate a section featuring RSS feeds which is a guaranteed way of
getting up-to-the-minute data for specific cards and products at any
particular time. This would include changes in small-print detail that
it would be impossible to keep up with otherwise.
will also shortly be adding a forum to this website, in the form of
a PhpBB bulletin board. We get quite a few good suggestions about what
we could be doing and how we could further improve our services. A forum
is the obvious way of collating and extending this discourse, and of
encouraging more of the same. Visitors to this site will be able to
contribute to discussions whenever the need arises.