New Year. Better Credit Card.

Save more in 2020.

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  • 0 accrued interest on balance transfers
  • 0 balance transfer fee

Balance transfers must be received by March 20, 2020 and may not be used to pay any Clearwater accounts.

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0%
APR* Until
September 22, 2020

Example:

With a $5,000 balance and 18% APR* on your current credit card. If you make payments of $150 per month on that card, you will pay $1,982 in interest over the course of 47 months. Instead, if you transfer the $5,000 balance to a Clearwater credit card and make payments of $150, your savings will be:

$5,000 Credit Card Balance
$5,000 Credit Card Balance

Rate as low as (APR)*

Months to pay off card

Total amount of interest paid

Interest saved

*APR = Annual Percentage Rate. All loans subject to credit approval, rate based on credit. Other rates and terms are available. Balance transfers may not be used to pay any Clearwater accounts.

After the APR offer ends, a rate as low as 7.90% APR* will apply.

Rate as low as (APR)*

7.90%

Months to pay off card

37

Total amount of interest paid

$435.31

Interest saved

$1,549.48

Rate as low as (APR)*

8.90%

Months to pay off card

37

Total amount of interest paid

$499.26

Interest saved

$1,485.53

Rate as low as (APR)*

9.90%

Months to pay off card

38

Total amount of interest paid

$565.66

Interest saved

$1,419.13

Visa Credit Card1
Visa Credit Card1

Minimum APR2

Maximum APR2

1 All loans subject to approval. Rates, terms, & conditions are subject to change and may vary based on creditworthiness, qualifications, & collateral conditions.
2 APR = Annual Percentage Rate.

The rates and terms shown are effective as of November 26, 2018.

Minimum APR2

7.90%

Maximum APR2

16.90%

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Balance Transfer FAQ

A balance transfer is when you apply for a new credit card with a lower rate and then transfer your balance from another existing credit card to take advantage of the lower rate offer. This can help you pay off the debt faster by allowing more of your payments to go towards the principal balance instead of interest charges.

A balance transfer can be a good option when you’re carrying a balance on a high-interest credit card. It’s important to do your research and see if the new credit card offers the following:

  • A low introductory rate.
  • Little to no balance transfer fee.
  • An introductory period long enough to allow you pay off the balance before the interest starts accruing.

Opening any new loan account will cause a drop in your credit score, however opening a new credit card usually only results in a slight drop in your score. As long as you make your payments on time and keep your balance from being maxed out, your score will go back up.

Keep in mind that if you continue to open multiple low-interest accounts while maintaining high debt levels, you can potentially be viewed as a risk to lenders which can make it difficult to borrow down the road.