MONEYTALK with Al Suffrin
Is there ANY benefit to transferring credit card balance for cheap rate?
I have only been late with a payment one time and carry a low balance.
I keep getting other credit card offers in the mail that offer balance transfers at a lower interest rate than I am paying now.
What kind of offer would make it worth my while to transfer my balance? - Credit in Norco
Dear Credit: You should be careful in transferring credit card balances often.
For students, the website CardWeb.com can help you pick the best credit card for students.
According to the website, the following three are the best student credit cards:
1. Ohio Savings Bank Student Credit Card - the standard interest rate is 7.9 percent for platinum plus accounts and 13.99 percent for preferred accounts. No annual fee and 2.9 percent introductory interest rate for balance transfers for 12 months.
2. Sovereign Bank Student Credit Card - standard annual percentage (APR) rate is 9.9 percent, no annual fee, a 2.9 percent introductory APR for balance transfers for 12 months.
3. Sun Trust Student - standard APR is fixed at 13.99 percent, no annual fee and 1.7 percent introductory APR for balance transfers for six months.
Students' questions about finances answered - only in the St. Charles Herald-Guide. Financial expert and school board member-elect Al Suffrin, a certified public accountant, takes on the tough questions from parish kids- and their parents - in an important weekly column everyone should read.
Subscribe Today and Save!!!
St. Charles Herald-Guide is an award-winning newspaper that covers all aspects of St. Charles Parish - from schools and parish government news to social events, features on our local residents and sports.
Order your subscription today!
A Destrehan man claiming insanity in connection with the stabbing death of his...
After nearly five years of planning, a homeless veterans apartment building in...
Judge Michele Morel and attorney Tim Marcel have combined to raise more than...
Two of Hahnville’s six touchdowns came from the defense, leading the Tigers to a...
By Jacob Bielanski
A St. Rose mother and her boyfriend were arrested...
Byron Joseph Sr., 56, is not a homeless stereotype. ...
Acadian Flooring America is a family owned and operated floor covering store that has been proudly serving our customers since 1980. Our experienced staff at our Marrero, LA location is eager to serve you and help you transform your room and bring your dé
Norco mom crippled after bike crash finishes second triathlon - 1544 views
After recovering from a disastrous bike ride two and half years ago that left her mangled with broken and dislocated bones, a Norco mom has gotten back on her bike and finished a triathlon after an arduous recovery.