Ready to save like a champion? FSU Credit Union is offering promotional rates as low as 0.99% APR* on credit card balance transfers processed between February 1, 2019, and July 31, 2019. The promotional rate is valid for 12 months from the balance transfer date, after which standard rates as low as 7.95% APR* apply.
Remember, all FSU Credit Union credit cards have no annual fee, and with our Visa Signature Rewards Card, you earn one point for every dollar spent.** Once you earn 2,500 points you can start redeeming your points for great merchandise through the CU Rewards Store. Points can also be used for travel or paying toward your balance.
Wondering if a balance transfer is right for you? Take a look at these top reasons to make a balance transfer:
1. Low-interest debt
Obviously, your biggest push for making a balance transfer is to not accrue high interest on the debts you’re transferring. With FSU Credit Union’s current promotion, you can take advantage of rates as low as 0.99% APR* for 12 months. If you’re stuck with a high-APR credit card, you can easily be paying upward of $80 a month, just in interest! Making a balance transfer will allow you to take a real bite out of your debt and make progress toward getting rid of it completely. You’ll be saving money and working toward an important goal at the same time.
The more monthly bills you need to pay, the greater the chance of missing a payment. A balance transfer may allow you to consolidate the balances of several different cards into one. This way, the number of monthly payments will go down, and it will be that much easier to keep on top of payments.
Too often, people get trapped in a cycle of debt. When they feel like they’re in over their heads, they continue swiping and spending as they please, figuring that another few hundred dollars won’t make a difference to the huge mountain of debt. Many people find that taking this significant step toward paying down debt motivates them to be more careful with spending habits. After all, you aren’t trying to get rid of your debt just so you can rack up another bill.
*APR = Annual Percentage Rate. Introductory balance transfer rate dependent upon member eligibility and creditworthiness. Not all applicants will qualify for the lowest rate. The special balance transfer APR offer is available 2/1/19 – 7/31/19 on balance transfers only. There is no grace period on your balance transfer. If you take advantage of this balance transfer offer, you will be charged interest on purchases. To avoid paying interest on purchases, you must pay your entire balance by the next due date, including balance transferred under this promotion. Balance transfer must come from another lender or financial institution to qualify and cannot exceed $5,000 or $10,000 at promotional rate, depending on your creditworthiness. The promotional APR will apply for twelve (12) months from date of the first balance transfer was completed. After the 12th billing cycle, all transferred balances convert to the rate in your credit card account opening disclosure, currently 7.95% -18.00% APR based on product type and creditworthiness. A 2.99% fee applies to balance transfers. New and existing qualifying cardholders are eligible; some exclusions apply. The APR for purchases and cash advances will be disclosed at the time of credit approval. Other restrictions may apply. Contact Florida State University Credit Union for complete promotional details. Rates are effective as of 2/1/19 and are subjected to change. This APR will vary with the market based on the Prime Rate. Membership fee is $10.00. Other restrictions may apply. See Credit Union for details. Insured by NCUA. Equal Opportunity Lender.
**Rewards points are not accrued on balance transfers or cash advances. Only point-of-sale transactions, or purchases, earn rewards points.