Credit Card Offers - Don't Be Fooled By 0% Transfer Rate Offers

May 21, 2010 - PRLog -- Many credit card companies are now making credit card offers as they are suddenly looking for new potential card holders, given the positive talk about the economy and the potential for economic recovery. But don't be fooled by the seemingly great 0% interest rate offer that some credit card applications proclaim...as always, it's time to read the fine print.

While it's certainly true that some credit card companies are actively searching for new credit card holders to add to their customer lists, some of the new lending practices, even in light of the recent passage of the CARD Act, can leave card holders with much less than they expected when they received their credit card offer in the mail.

It's always been important to take a long look at the fine print of any credit application, especially since you're agreeing to all terms contained in that fine print, and too many consumers could share their own horror story of getting what they thought was a legitimate 0% balance transfer credit card offer, while actually agreeing to reinstatement fees, monthly account charges, and numerous monthly or yearly scheduled fees.

Also, it's important not to fall victim to the thinking that the "credit card reward programs" will somehow offset the costs of the fine print. While some of the credit card reward programs do have some pretty nice incentives, it's often the fine print, or the credit card company terms of the rewards program that keep you from ever seeing any of the reward programs benefits.

In the end, that wise old adage, "if it's too good to be true, it probably is", should be adhered to by each and every consumer who thinks the 0% transfer rate credit card offer, for their credit situation, doesn't add up.

And in the end, credit card companies are still business', which closely guard their profits, which is why they're making these 0% transfer rate credit card offers to consumers again.

To get more information about credit card offers, and to compare the best credit cards, visit http://www.creditcards.com.

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CreditCards.com stated mission is to provide each an every consumer with the largest number of credit card offers so they can make the best decision when they are looking to apply for a credit card. You'll find the best credit card offers at CreditCards.com