Are there any real 0 percent credit card offers

I've gotta say it really seems like credit card offers are a dime a dozen these days. Every company seems to have their own credit card, and there are hundreds of companies trying to get your business, and make the interest off of your balance. Which one of these great 0 percent credit card offers should you take the time to apply for? Should you even apply for a 0 percent credit card? What do you need to watch out for in the fine print? These are all questions we'll discuss in this article, so that by the end you should be able to make a decision on what card offer is best for you.

Which 0 Percent credit card offer is best?

You see the ads on TV, hear them on the radio, and see them in the news paper. 0% APR on the new blah blah blah card. It seems there are a lot of 0% credit card offers around, the best one for you is one that blends a good duration at the introductory rate of 0 percent, with a low fixed rate after the introductory period is over. To many people don't realize that they don't get that 0% forever, it's valid for a set number of months after you transfer your balance over then the rate increases. Knowing what that fixed rate will be and shopping to find a good fixed rate credit card is as important as finding one with a 0% offer.

An alternative to finding the perfect 0 Percent credit card offer is to find a good low fixed rate, while you might not get the 0% upfront to enjoy, if you need longer then the introductory period on the credit card to pay off the balance it'll be worth it.

Should you apply for a 0 percent credit card offer?

I sort of started to lead into this at the end of the last section, but 0 percent credit card offers don't fit every persons financial situation. You need to consider a few things, mainly what's your current balance owing and how long is it going to take you to pay it off. If you can pay off your current balance in 6 months or less then it's probably worth switching, you'll be able to find a credit card offer that provides 0% for 6 months or more and save all the interest. What if it's going to take you longer then you thought? What if you need 12 or 16 months to pay it off. If that's the case then a 0% credit card offer might not be the latest and greatest thing after all.

Low rate fixed cards aren't as attractive as 0% but if you can find something that has a fixed rate under 10% you're going to save a killing on a balance that you might carry for a year or more. Don't feel bad if you know you need time to pay off what you owe, and look for a credit card that is going to save you the most money in the long run.

Things to watch out for with 0% credit card offers

You might already realized this from the article, but 0% deals don't last forever. You have that APR  for a set amount of time, but it's going to go up. The number one thing you need to find out besides how long the introductory rate of 0% is going to last is what's the fixed interest rate going to be on the credit card after that introductory period is over. If you're not careful you could end up with a credit card that has a higher rate then the one you already have.