AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Discovery credit card payment1/18/2024 Then take the cash you would have spent and pay down your existing high-interest cards. With a 0% on purchases card, you can charge purchases you’d normally pay cash for each month. You’ll still have to make a minimum monthly payment, but it all goes to the principal balance, not interest. You use the card as you normally would, but you won’t pay any interest on your balance during the introductory period. As with transfer deals, these zero percent offers typically last for six to 18 months. Several cards offer 0% not only on balance transfers but also on purchases. This approach takes a little more work, but is ideal if you’re not interested in a balance transfer. Getting Around the Rule – 0% on Purchases We also have a special page where we list no fee balance transfer card options. You can check out our page listing the best balance transfer deals, which are updated regularly. And there is a balance transfer fee of Either $5 or 5% of the amount of each transfer, whichever is greater. You must initiate the balance transfer within the first 60 days of card membership. The 0% intro offer isn’t as long (currently 18 months, then a variable APR of 20.49% - 29.24%). After that, 5% of each transfer ($5 min). Intro fee 3% of each transfer ($5 min) completed within the first 4 months of account opening.There is, however, a balance transfer fee that Citi states as the following: It offers one of the longest available 0% APR introductory rates, which lasts for 18 months. The first is the Citi ® Double Cash Card - 18 month BT offer. There are two balance transfer cards that offer particularly good deals. And as an incentive, most of these deals won’t charge you interest on the transferred balance for some period of time (today typically 12, 15, or 18 months). With these cards, they will effectively “transfer” your balance from one or more of your existing credit cards over to your new balance transfer card. When you apply for certain cards, they will offer you a 0% balance transfer option. The most common is with a balance transfer offer. There are some special circumstances, however, where you can pay one credit card with another. Getting Around the Rule – 0% Balance Transfers But most finance companies (e.g., credit card issuers, mortgage companies) won’t. Most retailers pay these fees as a cost of doing business. If Discover were to accept credit card payments, they would have to pay what are called interchange fees to the bank that issued the credit card and to the card network (e.g., Visa or MasterCard). Discover won’t accept that form of payment. For example, you can’t make your minimum monthly payment on a Discover Card with a Chase credit card. Making Your Monthly Credit Card PaymentĪ credit card company will not accept payment via another credit card. But there’s a little more to it than that. You can pay a credit card with another credit card. So can you pay a credit card with a credit card? The short answer is yes. Is there a way to pay a credit card bill with another credit card?” I only use cash-back cards and I magnify the benefits by filtering all bills through them. “Nowadays with my credit card paying all my bills, I think twice before switching cards just for a temporary bonus. We once had a reader share this issue when considering new credit cards.
0 Comments
Read More
Leave a Reply. |