Best Balance Transfer Credit Card Offers - June 2011

Consumers in the market for a 0% balance transfer credit card this month will find a good selection of long duration, low fee offers available. As June begins, a number of companies are offering 0% rates on balance transfers and purchases for 15 months or more, well above historical averages.
As has been the case for most of 2011, Citi credit cards are offering the longest balance transfer deals. This month, both the Citi Platinum Select and Citi Diamond Preferred Cards are offering 0% APR balance transfers that last 21 months. Discover, which had previously offered a 24 month balance transfer, also has two strong offers lasting 15 months or more. How long these deals will stay on the market remains a big unknown, especially given the recent weakness in the economy. However, consumers fortunate enough to be seeking out low rate cards in June have multiple options.

June’s Best Balance Transfer Credit Cards

Citibank’s 21 month 0% APR promotion, which applies to both purchases and balance transfers, is the longest currently available. Citibank is offering this deal on both the Citi Platinum Select and Citi Diamond Preferred cards. These cards offer identical benefits and differ only in name. In addition to offering the longest 0% rates in the industry, these two cards also carry very low 3% balance transfer fees. Many cards that only offer 0% APR balance transfers for as little as six months charge 4% fees. By offering the longest 0% rates and the lowest fees, these offers trounce the competition.

Citi® Platinum Select® MasterCard®
	0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 11.99%-20.99% based upon your creditworthiness. Extra Cash from Citi: enjoy discounts on gift cards, travel, merchandise and more Citi® Identity Theft Solutions Secure, free online account management No annual fee* View Detail :
Intro APR Intro Period Regular APR Annual Fee Balance Transfer Credit Needed 0% 21 months on Balance Transfers* 11.99% - 20.99%* (Variable) None Yes Excellent

Citi® Diamond Preferred® Card
	0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 11.99%-20.99% based upon your creditworthiness. $0 Liability on unauthorized purchases Citi® Identity Theft Solutions Secure, free online account management No annual fee*
Intro APR Intro Period Regular APR Annual Fee Balance Transfer Credit Needed 0% 21 months on Balance Transfers* 11.99% - 20.99%* (Variable) None Yes Excellent

Discover, which did not increase the length of balance transfer offers this month, significantly improved two main offers by reducing balance transfer fees from 4% to 3%. Their longest balance transfer offer, a 0% APR for 18 months, is available on their Long Duration Balance Transfer card. However, there is a slight drawback for consumers who desire a 0% APR for both balance transfers and purchases, as this card only extends a 0% rate on purchases for 6 months.
A second Discover offer, the flagship Discover More Card, fills the gap for consumers who want an all encompassing 0% APR. This card charges no interest for 15 months on both purchases and balance transfers. This makes it an ideal fit for consumers who need to transfer balances from a Citi card or for those who desire the higher quality of customer service provided by Discover, a perennial leader in the J.D. Power Credit Card Satisfaction Survey.


Source : http://www.smartbalancetransfers.com

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