SYS-CON MEDIA Authors: Xenia von Wedel, Peter Silva, Glenn Rossman, Ava Smith, Elizabeth White

News Feed Item

Credit Card Review Site, CardSight.com, Offers Post-Holiday Credit Card Debt Relief to Consumers

Card services website helps reduce holiday debt and strengthen financial resolutions

LOS ANGELES, Jan. 7, 2013 /PRNewswire/ -- Every year, millions of consumers struggle to pay post-holiday bills, reduce their credit card balances, and find the right credit solution to support their financial resolutions. CardSight (http://www.cardsight.com/) offers consumers objective reviews of balance transfer credit cards--which greatly reduce the debt load of high credit card interest--without the misleading hype that can lock cardholders into unfavorable terms and conditions.

(Logo: http://photos.prnewswire.com/prnh/20130107/PH37042LOGO )

"Credit card companies put a lot of spin on their offers. They tend to highlight the benefits and veil the drawbacks," says Darryl Van Dyke, CEO of CardSight.com. "The goal of CardSight is to get all that fine print out in the open and provide an unbiased opinion, so you know exactly what you'll get with a credit card offer."

The website offers full and mini-reviews of the latest credit card offers in several categories, including Balance Transfers.

Managing holiday debt with balance transfers:

For consumers facing a pile of post-holiday bills, CardSight recommends looking into a balance transfer credit card. The company offers these top 10 helpful tips on balance transfer cards:

  • Nearly all consumers will need an excellent credit score and history to qualify for these offers. Make sure your credit score is at least 730 (FICO).
  • Low introductory rates and standard APR rates are subject to approval, and may change once the application is approved.  Check the fine print before applying!
  • Watch the date that the 0% balance transfer period ends, then six or seven weeks ahead of that time, start looking for another balance transfer offer in case you don't have your current balance paid off.
  • In many cases, a balance transfer fee of 1 to 5 percent of the total transfer amount is applied to the new card balance. Make sure you factor this amount into your budget.
  • Any purchases made on a balance transfer card cannot be paid on until the transferred balance is paid off.  Look for 0% offers for both balance transfers and purchases.
  • Don't just go for the best teaser rate or balance transfer period. It's wise to check other card features and drawbacks, such as fees, cash-back benefits, and fraud protection.
  • Be mindful that new purchases and cash advances which are charged the higher standard rate of interest for the card.
  • Balance transfer credit card offers come with varying rewards. Consumers should review the terms of an offer thoroughly to make sure the rewards are something they will use and accumulate with normal spending habits.
  • Pay your bill on time. Even one late payment may cause your rate to spike and incur  a penalty fee with some cards.
  • Transferring balances and closing old accounts can negatively impact your credit history, so weigh your options carefully.

"Researching credit card offers can be frustrating, tedious work," says Van Dyke. "CardSight aims to make it easy for consumers to find the best balance transfer deals on credit cards, reduce the amount of interest, and thereby better manage their financial resolutions for 2013."

Visit the CardSight balance transfer credit card section  (http://www.cardsight.com/balance-transfer-cards.php) to see the top 9 cards for 2013 and apply online.

About CardSight.com
CardSight.com offers online education, expert opinions, and online application of credit cards, with the goal of helping consumers find the right card for their financial goals and lifestyle.

For more information, contact:
Darryl Van Dyke, CEO
800-652-8182
[email protected]

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

SOURCE CardSight.com

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
We are all here because we are sold on the transformative promise of The Cloud. But what good is all of this ephemeral, on-demand infrastructure if your usage doesn't actually improve the agility and speed of your business? How must Operations adapt in order to avoid stifling your Cloud initiative? In his session at DevOps Summit, Damon Edwards, co-founder and managing partner of the DTO Solutions, will highlight the successful organizational, process, and tooling patterns of high-performing c...
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
Software-driven innovation is becoming a primary approach to how businesses create and deliver new value to customers. A survey of 400 business and IT executives by the IBM Institute for Business Value showed businesses that are more effective at software delivery are also more profitable than their peers nearly 70 percent of the time (1). DevOps provides a way for businesses to remain competitive, applying lean and agile principles to software development to speed the delivery of software that ...
Docker offers a new, lightweight approach to application portability. Applications are shipped using a common container format and managed with a high-level API. Their processes run within isolated namespaces that abstract the operating environment independently of the distribution, versions, network setup, and other details of this environment. This "containerization" has often been nicknamed "the new virtualization." But containers are more than lightweight virtual machines. Beyond their small...
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's

An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the ...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
SYS-CON Media announced today that Aruna Ravichandran, VP of Marketing, Application Performance Management and DevOps at CA Technologies, has joined DevOps Journal’s authors. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Aruna's inaugural article "Four Essential Cultural Hacks for DevOps Newbies" discusses how to demonstrate the...
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.