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Page: 4 of 4
Date:
December 23, 2008, 4:10 am
Is there a fee to transfer money from a credit card to Discover card and get the 0% intro ARP
Answer:
Thanks for your question, Kathy. Transferring balance from a card with a higher APR to a deal with a lower interest is a wise decision. You will find several favorable offers among Discover credit cards for customers who wish to transfer balance. 0% intro APR on balance transfers is the best option to have when you transfer a balance. As for a fee, there usually is one. In fact, you will barely find a deal that comes without this fee. Discover cards with 0% APR on balance transfers, you can find at our site, charge a regular balance transfer fee of 3% of the amount transferred. So, if you are going to transfer, say, $3,000, you will pay $90 for a transfer. Keep it in mind, especially you are going to transfer a significant outstanding balance. And remember to make sure that you qualify for a card offering such a privilege as 0% interest rate. As a rule, most credit cards of this type are available to customers with good and excellent credit history.
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