What Is The Best Long Term Balance Transfer Credit Card?

February 6th, 2010

Understand why you should be looking at a long-term balance transfer card, and which is one of the best credit cards in this category.

Find out what the Emirates Citi Platinum card can offer you besides a great balance transfer deal.

If you have a larger debt to transfer from another credit card, then the best credit card for you will be one that offers a relaxed repayment plan. This is possible with the Emirates Citi Platinum Card because it offers nine months at 3.99% interest. Reducing your interest rate allows for more of your money to go towards reducing the actual debt, and makes it easier to budget for a long term repayment of the debt. Nine months is a good compromise between the 0% deals for six months that may rush you, and the lifetime of the debt deals that charge a higher rate of interest.

With the Emirates Citi Platinum Card, you will also benefit from free access to Emirates Lounges in Australia, to the Marhaba Lounge in Dubai, and you will enjoy the Emirates’ chauffeur service to and from airports in Australia.

Being a platinum card, you will also receive complimentary travel insurance, purchase protection, and a 24/7 personal concierge service that helps you to find, plan or book whatever takes your fancy anywhere in the world 24/7. There is also the Skywards Miles frequent flyer program where you can earn 1.5 Skywards Miles for every $1 spent. With all these features, this is certainly also one of the best credit cards for travel.

Benefits of the Emirates Citi Platinum

To assess whether this is the best credit card for you, consider how the following features will match up to your requirements.

0% p.a. on balance transfers for 7 months
Earn 4 Skywards Miles for every dollar spent, which is up to 50% more than most other similar credit cards
Use the Emirates Citi Platinum Card to go further on Emirates with your spending
The Skywards partnership with Virgin Blue means you can also earn Skywards Miles flying Virgin Blue, and you can redeem your Miles for Virgin Blue flights
Exclusive complimentary access in airport lounges in Australia and Dubai for you and a guest, no matter which class you are flying
Free international travel and purchase insurance and a 24/7 platinum personal concierge service
Annual fee of $299
20.99% interest rate on purchases
21.24% interest rate on cash advances
55 days interest-free credit on purchases

Overall, with its great benefits and rewards program, plus the opportunity to make a balance transfer to significantly reduce your interest charges, the Emirates Citi Platinum should be added to your shortlist of best credit card.