MoneySmart

Financial tips and money-saving advice from Goldenwest Credit Union

Save Money with a Visa Balance Transfer

March 18, 2022

Are you ready for significant savings simply by transferring a credit card balance? Goldenwest has a fantastic offer with a 0% introductory Annual Percentage Rate (APR) for six months and no balance transfer fees.

With 0% on balance transfers, you get 100% of your monthly payment going towards your principal balance each month. For a $10,000 balance, the savings will equate to a $726.41 in interest payments!

Two credit cards with interest payment saved

With 100% of your payments going towards the principal for six months, an original $10,000 balance will be $799.34 lower when compared to a balance that remains with a bank at 14.99% APR.

Balance Comparison over six months

If you are ready to save money on your credit card balance, contact Goldenwest to get your instant-issue Visa card with 0% interest for six months. Visit any branch, call the Contact Center at 801-621-4550, or log-in to your account online or the mobile app. We’ll take care of you!

Disclaimer: Examples based on an original balance of $10,000, minimum monthly on-time payments of 2.5% of the balance, and no additional purchases and/or fees added to the balance over the course of six months. Zero percent Annual Percentage Rate (APR) for the first six statement cycles on balance transfers during the promotional period defined as 01/01/2022 to 03/31/2022. After the initial six statement cycles, the remaining balance transfer amount will convert to the pre-determined rate based on credit worthiness at account opening. The 0% balance transfer offer may not be used to pay any Goldenwest Credit Union or USU Credit Union accounts. Offer available on consumer accounts only, and excludes business Visa products.

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