Itâs more time than people spend reading (19 minutes); participating in sports or exercise (17 minutes); or social events (four minutes). Itâs almost as much time as people spend eating and drinking (1.07 hours).
If your goal is to reduce your credit card debt, a balance transfer credit card may be one way to increase the speed of your debt reduction plan. The primary reason to choose a balance transfer offer is to give yourself time to pay off the debt while getting relief from ongoing interest charges that add to that debt. Balance transfer credit cards frequently offer side benefits such as cash back rewards, airline miles or low interest rates on new purchases.
The top 0 percent offers require a top credit score. The best 0 percent APR introductory offer available today runs for 18 months. These offers apply to both purchases and balance transfers. While these offers can help people trying to get out of credit card debt, they require a top credit score. The longest 0 percent offers from the likes of Discover and Citi, for example, have average scores in the lower to mid-700s.