No annual fee credit cards and introductory interest rates

One of the advantages of no annual fee cards that are rarely commented on is that they can make the practice of “stoozing” or going around among zero per cent credit cards, far more easily than cards with annual fees.
Zero per cent introductory interest rates are a way of attracting new customers.  They usually apply to balance transfers from other credit cards and apply for a limited period.  This has proven to be an effective way to replace credit card marketing costs and pass some of the money back to the credit card user. Read the rest of this entry »