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!
He’s white, fluffy as a toy and gets his picture taken with admirers who want to...
A pilot program initiated in January by Progressive Waste Solutions had St. Charles...
Matthew McConaughey is back in St. Charles Parish filming his new movie, “The Free...
“Disgusting! This is a proven case of ‘who you are and the pull you have with the...
A dispute over the St. Charles Parish government recovering nearly $150,000 in...
John Paul Devillier has been charged with attempted first-degree murder of a peace...
Bent's RV is a Full Service RV Dealership in Louisiana.
Going Green - Easy tips for gardening, flowers and the lawn - 1013 views
Spring’s burst of colors and warmer temperatures draw many people outside to the garden and flower beds, but getting it right means working with nature.