In the long run, this works out to be a relatively inexpensive way to get new business. From your point of view, you get to save money every month. The more credit cards you are juggling and the higher your balances, the more money you will save every month. It is not uncommon for people to save hundreds of dollars every month by simply transferring their credit card balances to an interest free credit card.
Some 0 interest credit card deals are better than others. Obviously, the longer you don't have to pay interest, the better. So it's a good idea not to take up the first offer you see. The internet makes finding introductory credit card offers easier than ever before. So take a little time to find a long interest free period as well as a low standard interest rate for when the offer is ended. It is also important that the introductory card has a low balance transfer fee and low ongoing fees and charges. The whole point of transferring your credit card balances is to put yourself in the best possible financial position.
A lot of people are currently struggling under the weight of high credit card debt and the resultant high monthly payments. If you are in this position, transferring your credit card balances to a single zero rate card, can take immediate pressure off your personal or family finances. The problem with this, however, is that the introductory period will end and you will have to start paying interest again. It is a good idea to use the savings to pay for essential expenses while at the same time using as much as possible to reduce your credit card balance. If you use 0 interest credit card deals to get your finances in order so that you not only gain an immediate benefit but a long term one, you will soon find that you have taken control of your finances and your life.