Getting a 0% balance transfers credit card sounds like such a great deal that many people forget that they should be seeking out other benefits from these cards as well. The idea for a smart consumer is to maximize the pros of the balance transfers credit card by only applying to those cards which offer the best in additional benefits.
The first thing that a smart consumer will want to make sure is that the balance transfer card offers a low APR on purchases. A smart consumer will not only check out the APR on the balance transfer but will also review what the APR will be on purchases that are made on the balance transfers credit card. Additionally, it is smart to look at what the APR on the balance transfer will be after the promotional period runs out.
Many consumers don't realize that the zero percent interest rate on 0% balance transfers credit cards isn't a reward in and of itself. Sure, it's great and it can help significantly reduce the cost of debt. But you want to get a card that's going to keep working for you. To do this, you need to select cards that also offer other rewards. A smart consumer will demand that her 0 balance transfers credit card comes with some type of reward program, whether that's in the form of cash back or points towards gift cards. This helps to make sure that the card offers more perks than just the initial low transfer rate.
