Other cards offer 0% balance transfers at a time when interest rates are low.
The new card promises a 0% rate on all purchases and balance transfers until 1 August, 2005.
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Several issuers are now offering 0% interest rates for over a year on balance transfers and purchases.
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The card also offers a 0% APR for an introductory period of 15 months on both balance transfers and purchases.
One of the most common marketing ploys of the credit card industry is to offer 0% interest on balance transfers.
Instead of offering 21 months at no interest, all three cards now process new balance transfers at 0 percent APR for just 18 months.
So look into low interest credit cards, cards with 0% introductory APR offers, or special rates on balance transfers to minimize the defense and keep the game moving in your favor.
The credit-card issuer expects higher account balances, newly opened accounts and balance transfers on cards wooed away from rival issuers to result in "modest" growth in Discover's overall credit-card portfolio in the second half of 2011.
Unlike many travel rewards credit cards, the Miles by Discover Card carries no annual fee for the life of the card and has an introductory offer of 0% APR on purchases and balance transfers for up to six months.
To make up for some of the lost revenue from this and prior regulatory changes, some card issuers have already employed new tactics: higher fees on balance transfers and cash advances, increased charges for overseas transactions and new or higher annual fees on cards.
You can still have full-employment current-account balance because we will give you transfers instead.
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Since there seems to be little alternative other than full-scale disaster, the opposition has hinted that it may accept cutting transfers to the provinces, to help balance the budget.
Secondary distribution of income account reflects the transformation of the balance of primary incomes by sectors into their disposable incomes, as a result of receipts and payments of current transfers.
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