0% Credit Cards

News, trends, updates and analysis related to 0% introductory annual percentage rate (APR) balance transfer credit cards, and zero percent credit cards in general. This blog is produced by the www.FedPrimeRate.com and www.BalanceTransfer.cc websites.

Tuesday, July 03, 2007

Credit Card Rankings for June, 2007

Here are the popularity rankings for the cards we recommend here at www.BalanceTransfer.cc for June, 2007:


Credit Card Popularity Rankings for the www.BalanceTransfer.cc website for June, 2007


The above-listed rankings are based on both applications and approvals that originated from this website.

The Discover More family of credit cards retained the #1 spot last month, even though Discover recently added a fee for transferring credit card balances to any Discover More card. Balance transfer fees can be quite the buzzkill, but with Discover More, the balance transfer fee is capped at $75, so transferring a balance is still worth it if the transferred balance is a significant sum. The Discover More cards are still attractive because the 0% intro APR period for both new purchases and transferred balances is still 12 months, while many other competing credit cards only offer an interest-free period of 6 months.

If I was a betting man, I would bet that the CitiĀ® UpromiseĀ® card will capture the #1 spot this month (July.) Why? Great rewards (the easier it is to save for your kids' college education, the better!), no balance transfer fee and a 0% intro APR for 12 months on transferred balances. Stay tuned for next month's report!

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