'Tis the season to be paying off holiday spending, from gifts to holiday travel almost everyone has some bills they are starting to pay down. After last year's craze of my son's first Christmas, I find myself again attempting to be more frugal and diligent about the money spent on the holiday. This year we spent more time coordinating present selections with grandparents and limiting spending. We still were able to get new books, clothes and a car set that comes with a table and tracks for him to drive cars on. Thank you online shopping!
While our holiday spending on gifts was much better, my wife and I took our first trip to New York for a Christmas present to ourselves. Another year came and another year has gone with me looking for the options to pay these bills off in a prudent way.
Regardless of holiday spending or other types of bills, balance transfers offer a number of benefits to us as consumers. Here are a few:
This one might be a little obvious, but who doesn't like paying less interest? This is like free money in our pockets!
My personal favorite. By simply reducing one bill it means one less place I have to go pay, less room for error that could impact my credit and added simplicity in tracking all of my debt.
Transfer Any Type of Bill
That new couch with the high interest rate, the credit card from another financial institution, and the ring you just bought your loved one for Valentine's Day are all great options to consolidate with the balance transfer offer.
No Balance Transfer Fees
Most financial institutions have a balance transfer fee. Not WSECU!
WSECU is always trying to offer our members the best options for each product and service. You can transfer balances from other cards and high-rate debt to your WSECU Visa card anytime through Online Banking under the "Transfer" tab.
If you have any questions, give us a call or stop by your local branch.
Ryan Brooks, Director of Digital Lending