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This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about Credit Cards from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers, for further details refer to our FSCG. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a Credit Card, you will deal directly with a financial institution, and not with RateCity.

Credit Card Debt

Credit card debt is the term used to describe the total outstanding balance individuals have on their credit cards. When a person purchases goods and services on their credit card, it automatically is added to their credit card debt. This debt is then owed to the financial institution that provided the credit card.

Most credit card debt incurs interest on the balance owing, so to save in interest you should pay off the total balance each month or pay more than the minimum repayment due as stated on your statement. Another way to pay your credit card debt off sooner is by transferring your current debt to a balance transfer credit card with a low or zero interest rate for a specified time.

The table below lists some of the top balance transfer credit cards available.
See all Credit Card Articles
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About Credit Cards Articles

RateCity provides credit card news and features, including a range of weekly stories and economic updates. By checking our credit card news and features daily, you can ensure that you receive up to date, expert commentary on current financial and economic issues. Before you search, compare or apply for the best credit card for you, help yourself understand the market by reading mortgage news and features at RateCity.

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