Easy Value After the Holidays

Dec 20, 2016 10:49:11 AM

The winter holidays are one of the most magical times of the year, but holiday shopping can take a serious toll on gift-givers’ financial health.

A study by CardHub.com found that while credit card debt rose by $71 billion in 2015, a stunning $52 billion of that was accumulated in the last three months of the year, primarily due to holiday shopping.

While there’s nothing wrong with using credit cards to add a little more sparkle to the holidays, it’s important to avoid building up a balance you can’t easily pay off.

Remember – a high interest rate can add up quickly and cause your holiday debt to stick around all year long.

If you’re hoping to get on top of credit card payments as soon as the festive season is finished, one good option is to transfer your balance to a new credit card. The HUECU Platinum Rewards card now offers a 1.99% Intro APR on balance transfers for the first 12 months1, and a low variable rate after that.

There’s also no balance transfer fee – which means you can take advantage of lower interest rates and lower monthly payments, with no hassle or extra spending up front.

A post-holiday balance transfer to the HUECU Platinum Rewards card might be just the thing to ring in the New Year.

Apply for your Platinum Rewards card today.

1. Annual Percentage Rate (APR). After the introductory period APR is calculated by adding some margin (dependent on credit worthiness) to the prime rate as published in the Wall Street Journal on the last Thursday of every month. Current APR is between 11.99% to 18.00%. First year consists of the first 12 billing cycles and is only eligible for new HUECU accounts. We will not refinance an existing HUECU credit card. See huecu.org for complete details.

Tags: Balance Transfer, Credit Cards, Debt Management