Zero percent balance transfer offers: here to stay, or just a tease?

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Remember the days when the mail would arrive, full of unsolicited 0 percent balance transfer offers? If you played your cards right, you could keep the interest on your credit card balances very low. Alas, those good times had to end. With the Great Recession and the passage of the Credit Card Accountability Responsibility and Disclosure (CARD) Act, zero percent balance transfer offers dried up.

It might have seemed like those glory days were gone, never to return, but we have news for you. In 2013, balance transfer credit card deals could be making a comeback.

Here’s a balance transfer credit card offer worth considering

* 0% introductory APR on balance transfers for 15 months. JP Morgan Chase is one of the companies that weathered the banking crisis relatively well. Now, they are sharing their good fortune with their customers by offering Slate from Chase. This is a fairly basic credit card that is great for those who don’t want to get lost in complex reward programs. Even better, the card offers zero percent introductory APR on balance transfers for 15 months.

Here’s a credit card with a low introductory promotional purchase APR

* Low introductory rate on purchases for 36 months. There is something to be said for finding a card and sticking with it. If you would rather not bounce your balances around to different balance transfer credit cards, look for a card with a fixed low introductory rate. The PenFed Promise VISA Card is one option to consider. While not a zero percent balance transfer credit card, it does offer a low introductory rate on purchases for 36 months currently, intro APR is 7.49 percent. After the 36 months, the purchase APR will vary with the Prime Rate and is currently at a relatively low 9.99 percent APR.

These 2013 balance transfer credit card offers are a great tool to help reduce your debt. But there’s no guarantee that these credit card offers will stick around. If you have been waiting for the return of balance transfer credit card deals, don’t hesitate: visit the card details pages and apply online.

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