GCYArticles.com is an Article Directory featuring thousands of articles written by the Internet's top authors

Search Article Directory:

Or browse through our library of Articles written by the Internet's top authors

What you get at GCYArticles.com
	Thousands of expertly written Articles
	Free Content for your website, ezine, and newsletters
	Daily Updates
	Receive article updates via RSS Feeds
	Real Time and Weekly notifications of New Articles

As an Author
	Generate massive publicity for your web site
	Potential readership of millions for your articles
	Increase your traffic and sales
	Boost your reputation, credibility, and name recognition
	Become known as an Expert in your field

Home | Finance

Click the XML Icon Above to Receive Finance Articles Via RSS!

Understanding 0 APR Credit Cards

By: Kausik Dutta

0 APR Credit Cards
are offered by almost every major Credit Card Company. They charge no interest for a specified length of time such as six months or a year. However they are not always bargains as sometimes these cards have high fees to make up for the lack of interest rate or they offer you the card without the zero percent APR as you don’t qualify.

0 APR Credit Cards usually offer a period of about six months. Common terms and conditions for these 0 APR credit cards include being required to use the card for purchases every month or having to spend a certain amount of money every month. If you fail to meet any of the terms or conditions of the zero percent agreement you may find your interest rate on the transferred balance serving to heights that are approach or that are even beyond 30%.

The zero interest card company can also suddenly apply a high interest rate at their discretion if you miss one payment or even if you miss one payment to another credit card company or are late with any of your bills. They will also make many inquiries into your credit reports to make sure you are paying your bills on time so they can find an opportunity to charge you interest.

A zero interest rate credit card is only worth your while if you are able to meet the minimum present monthly card usage requirements without running up additional charges on the card and if you can pay off your transferee balance relatively quickly without ever once being late on a payment to the card issuer. They also only really suit a user who does not need to take out cash advances as 0 APR Credit Cards are notorious for charging high fees for this.

Article Source: http://www.gcyarticles.com

They also only really suit a user who does not need to take out cash advances as 0 APR Credit Cards are notorious for charging high fees for this.

Please Rate this Article

Not yet Rated

Additional Articles From - Home | Finance

Trading Shares Using Leverage - By : Roy Masters
Selected Resources for mortgages - By : Scott Co
Avoid foreclosure short sale if you have 2 houses - By : David Silver
Cash Gifting: Which Cash Gifting Program is Right for You? - By : Roberto Bell
How To Choose A Debt Settlement Program - By : Roberto Bell
Children's Savings Accounts - By : William Blake
Why A Prepaid Credit Card? - By : James Mcquire
Credit Cards And Your Credit Report - By : Nick Makaryk..
Debt Free Solution - Free Yourself From Debt - By : Eli Elst
Should Investors Finally Breathe a Sigh of Relief? - By : Maximilian Sparrowson

Members: Login here

Non-Members: Sign Up for a free account or learn more.

Site Navigation
	Submit Articles
	Top Authors
	Most Popular Articles
	Submission Guidelines
	Ezine Notifications
	Article RSS Feeds

	New Stuff
	About Us
	Link to Us
	Contact Us
	Privacy Policy
	Publisher Guidelines