Knock 10% off your credit card balance
Take advantage of introductory interest rates
Canada’s best rewards credit cards 2020
These top-rated credit cards have a fee but give...
Are you carrying a balance on your credit card? With most cards sporting interest rates of 19.99% it can feel like you’re never going to pay it off. But you can escape this feeling by taking advantage of low introductory interest rate promotions known as balance transfer offers. Some balance transfer credit cards offer up to six months interest-free, which is enough to help you make a serious dent in your credit card bills.
Just be sure to direct all of these interest rate savings against your bill. Once the introductory period ends, transfer the remaining balance to a line of credit or switch to low-rate credit card.
**Introductory rate offer for balance transfers in the first six months. New cardholders only
Read more:
Two cash-back cards are better than one »
Best cash-back cards »
Best low rate cards »
Best retail rewards cards »
Best student cards »
Best travel rewards cards »
Best business cards »
Share this article Share on Facebook Share on Twitter Share on Linkedin Share on Reddit Share on Email
Related Articles
Canada’s best balance transfer credit cards 2020
These cards offer super low introductory rates for balance...
Sponsored by CIBC
The best bank account should manage itself
Fees. Missed bills. Life is busy enough without having...
Canada’s best credit cards for people with bad credit 2020
If you want to improve your credit score you’ll...
Presented by CIBC Pace It
5 ways to save money on everyday expenses
A little here. A little there. It all adds...
Presented by CIBC Pace It
Installment plan or credit card? Get the best of both for big-ticket purchases
Saving up for a big purchase isn’t as easy...
Presented by CIBC Pace It
Ways your credit card can help you manage debt
To manage finances, you can consolidate debt on credit...
Visa vs. Mastercard: What are the differences (and do they really matter)?
You might be surprised to learn that, despite being...
Find the best secured credit card in Canada
For those unable to qualify for a traditional credit...
The debt mistakes you’re probably making
You'll want to tackle the highest-interest debt first, then...