ERBtheGREAT Posted February 6, 2021 Report Share Posted February 6, 2021 Is there a credit card that does balance transfers with no fee, does this card exist? I see 3% fee basically on them all, I'm guessing that's the best out there. Trying to help someone, thanks. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted February 6, 2021 Report Share Posted February 6, 2021 https://www.cnbc.com/select/best-no-fee-balance-transfer-credit-cards/ this might be the best choice for someone that isn't a student https://www.wingsfinancial.com/credit-cards Quote Link to comment Share on other sites More sharing options...
Teddy kgb Posted February 6, 2021 Report Share Posted February 6, 2021 How much is he looking to transfer? Is he looking to transfer to an 0% APR for 18mo or so? If he’s looking at say 2k it’s only $60 over a course of 18mo so less then $3 a month, tell him to skip Starbucks once a month and get the process started Quote Link to comment Share on other sites More sharing options...
ERBtheGREAT Posted February 6, 2021 Author Report Share Posted February 6, 2021 6 minutes ago, milwaukee mike said: https://www.cnbc.com/select/best-no-fee-balance-transfer-credit-cards/ this might be the best choice for someone that isn't a student https://www.wingsfinancial.com/credit-cards Thanks Mike. I see you just have to donate $5 and you can join the credit union and get that card. Seems like the best deal there is! Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted February 6, 2021 Report Share Posted February 6, 2021 Just now, ERBtheGREAT said: Thanks Mike. I see you just have to donate $5 and you can join the credit union and get that card. Seems like the best deal there is! yeah best wishes to your friend my experience sadly is that people that need financial help usually continue to need it... if it were me i would work 2 full time jobs and save every dollar to get out of it, but a lot of people aren't wired that way Quote Link to comment Share on other sites More sharing options...
ERBtheGREAT Posted February 6, 2021 Author Report Share Posted February 6, 2021 It just makes me sick when people pay interest forever, basically money going into thin air. If people realized how much they could actually have when their money wasn't going to interest, and you only paid for stuff you buy, you could get so much more ahead. Quote Link to comment Share on other sites More sharing options...
Teddy kgb Posted February 6, 2021 Report Share Posted February 6, 2021 The key is to get a card you’re going to use daily and set up Auto Pay for full amount every month, you don’t pay interest and you should get rewards, I average $60 back a month on my discover and Sears Then load up on cash back reward cards and run up the requirements (on things you need only) get the $150-$250 cash back reward, set up auto pay spread across the 0% APR offer and cut up card. Make sure none of your cards have annual fees You can Make $1500-2k the first year doing this then have to wait 18mo and start over with sometimes the same cards Quote Link to comment Share on other sites More sharing options...
Teddy kgb Posted February 6, 2021 Report Share Posted February 6, 2021 Shit I just remembered....I once pulled the cable trick on my Discover card, I told them I was transferring my balance and wanted to cancel my card, they asked why and I said I needed 0% APR for a year because I was in a pinch... They gave me 9mo on the spot....I divided up balance and did auto pay and stopped using card Your ‘friend’ might want to try that first... Quote Link to comment Share on other sites More sharing options...
sleepy Posted February 6, 2021 Report Share Posted February 6, 2021 Can't the Biden government just pay it off for you? Quote Link to comment Share on other sites More sharing options...
Deemer Posted February 6, 2021 Report Share Posted February 6, 2021 5 hours ago, Teddy kgb said: Shit I just remembered....I once pulled the cable trick on my Discover card, I told them I was transferring my balance and wanted to cancel my card, they asked why and I said I needed 0% APR for a year because I was in a pinch... They gave me 9mo on the spot....I divided up balance and did auto pay and stopped using card Your ‘friend’ might want to try that first... Why don’t you pay your debts? Quote Link to comment Share on other sites More sharing options...
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