When it comes to finding the best way to reduce the burden of high-interest credit card debt, 0% APR balance transfer credit card Offers are highly effective tools. Just how much can a person save by transferring their balances from a high interest card to a 0% APR card? A lot; and www.Credit-Card-Surplus.com is offering them the chance to discover exactly how much.

Many consumers are faced with increasing interest rates and higher payments from their current credit card companies. If they aren t watching their statements closely, many people find that what used to be a good deal has become a financial burden. This is where the idea of a 0% APR credit card makes good sense; and there are a lot of companies who are offering an initial trial period of 12 months at no interest—if they get the application now. Many others are combining that deal with an offer to allow balances from other credit cards to be shifted over into a new account. This opportunity gives consumers the chance to get out from under their high-interest debt and have a little breathing room. The proper use of these offers will be greatly enhanced by using the Balance Transfer Savings Calculator to discover exactly how much savings there are.

"Many people don t realize how much they can save by transferring their balances to these 0% APR credit cards," says Ed Vegliante, President of Credit Card Surplus, "and we want to help them see the advantages these opportunities present. Our newest feature, the Balance Transfer Savings Calculator, will allow anyone to quickly and easily see how much they will benefit from applying for one of these offers."

For example, an individual who has a $ 5,000.00 balance on their credit card with an interest rate of 19% will pay over $ 1,000.00 in interest charges over the course of a year if they are just making the minimum monthly payments. By switching to a 0% APR credit card, that money is put right back into their pocket. And, to make things even easier, there are companies that are currently offering to waive all balance transfer fees so that consumers can ease the burden of monthly payments by getting out of those high-interest debts.

The new calculator from www.Credit-Card-Surplus.com can make it easy to discover exactly how much a 0% APR credit card can save anyone. All they have to do is put in their current balance and interest rate; the calculator does the rest. Then, once they see the savings that can be gained, they can choose one of the many 0% Balance Transfer Offers available on the site and get what amounts to "free money" for a limited period of time. The site also contains articles that teach consumers how to manage their debt and find the best credit card offers available.

"Our goal is to make these savings obvious to people with high-interest credit cards," Vegliante continues, "and give them the opportunity to make sound financial decisions for their families."

Any consumer who wants to take advantage of an interest free balance transfer offer, and pay no finance charges for up to 12 months, will find the new Balance Transfer Savings Calculator a valuable tool. Once the savings are calculated, they can then simply use the site to find the right 0% Balance Transfer Offer that works for them.

Source: prleap