In most cases, unsolicited offers and junk mails normally end up in the trash bin. This is normally the cardinal rule that we adopt, especially if it involves money matters. However, this rule is not absolute, and there may be some offers that we receive in our mailbox that deserve some serious attention. This is the case when it comes to unsolicited credit card account proposals.

n fact, those credit card account proposal that usually find their way to your mailbox may offer some great opportunities to reduce your debt load. These are far from being useless, and you can definitely take advantage of such offers and consider balance transfer. Specifically, you can use these credit card offers so that you can unload a portion of your debt in your credit card account with high interest and transfer the amount to a new credit card account with lower interest.

Most credit card companies provide this service to their clients for free. This serves as incentive for credit card holders who would transfer their account with them. In addition to this primary benefit of opting for a balance transfer, a considerable number of credit card issuers also offer some form of a grace period to their new clients and during this time, the interest on your credit card loan is waived. The grace period usually runs for 6 months up to a maximum of 12 months.

However, there are certain caveats that you need to be aware of when it comes to these unsolicited credit card offers. When you get proposals from credit card issuers like zero-interest deals, it is important that you don’t immediately make a leap of faith and take the offer hook, line and sinker. You need to carefully study the requisites of such offer.

You must also look at the annual fees that will be charged by the credit card company as well as other features like fraud liability protection, cash-back program and other forms of rewards and rebates. You must look at the fine print of the credit card proposals that are anchored on zero-interest incentives as these usually come with a heavy price in the form of high penalty fees for missed monthly payments.