Thursday, December 21, 2006

Save more with 0% Balance Transfers

Are you like me? Someone who uses a separate credit card for various purposes? Like i use my Citibank strictly for business, Eon Bank for monthly recurring payments like phone bills and insurance, Standard Chartered for Balance Transfer and HSBC for shopping. For me, i have many cards and i feel that it's the best way for me to manage my own finances.

Apart from saving me time and not having to carry so much cash around, i really dont to worry about missed payments. This is especially true when the most important ones like insurance/ phone/electric bills are concerned. Not that i like driving out and lining up to make payments at a counter anyway. With a few different cards, you can at times save more on interest rates.

If you are one of those that carry a balance on your credit card statement every month, transfer the outstanding amout to a different card that offers 0% balance transfers. The money saved can be used to payoff the other cards. For more information on credit card news and credit card advice, visit

This post is sponsored


PabloPabla said...

I put everything into my Citibank card to maximise points accumulation :)

Samm said...

ya, now i get extra 50% points with my citibank also. but u really wouldnt believe the number of cards that i have, lol.