A balance transfer is one of the best ways to manage high interest debt. You can use one or more credit cards with a low interest rate to pay off your debt faster and more efficiently.
At Rocky Mountain Law Enforcement Federal Credit Union, we understand that customers are balancing the uncertainty of the global pandemic and continued efforts to achieve financial stability and prosperity. Applying for a Platinum VISA Select and transferring your funds may be the best way to manage your finances.
RMLEFCU’s Platinum VISA Select has 6.75% APR* with no balance transfer fees, cash advance fees, or annual fees.
Do You Have a Repayment Plan?
Transferring your credit card debt is an excellent option for repaying debt faster, but you should always have a plan in place to properly manage various cards and fees. Given that RMLEFCU’s Platinum VISA Select plan involves no annual fees with the lowest percent APR* of all our VISA options, you have some flexibility with your banking options.
Still, make sure you have a plan to save up and repay your debt. It’s also important to recognize the habits that lead to the situation in the first place. Here are some tips to give your saving habits a kick start.
- Consider a balance transfer
- Pay more than the minimum
- Set a budget
- Plan your shopping trips
- Start cooking at home
Utilize Online Banking Services
One of the best ways to stay on top of your finances is to utilize the services offered in online banking.
Aside from the obvious aspect of convenience, cards with an online banking option allow users to upload checks and sign documents on the go. Don’t worry about account safety, RMLEFCU offers fraud alerts for your accounts.
You can also check your balance and opt-in to alerts and notifications from mobile apps. This ensures that money management never falls to the wayside and helps you get back in control of your assets.
Making the Choice to Transfer
If you feel stuck in your current plan and lack the options you need to manage your debt and high interest rates, you may make the choice to transfer your funds. With Rocky Mountain Law Enforcement Federal Credit Union, you can enjoy great rates with a Visa Platinum Select credit card at 6.75% APR*.
If you would like to open a VISA Platinum Select credit card or transfer your balance, call us at 303-458-6660 or email us at email@example.com. We’ll be happy to help you get your finances back on track.