0% balance transfers are the
Credit Card companies way of stealing you from a rival.
They normally charge a 2% to 3% 'admin' fee for the pleasure of switching. 0% balance transfers
if used correctly can be an excellent way of paying your bills off quickly.
If you do use a 0% balance transfer offer to settle an existing Credit Card bill, it is best to
cut the new card up on arrival.
If you have a good credit record, you can usually switch over to another Credit Card provider with a 0% period.
