Happy New Year! If one of your New Year’s resolutions is to get out of debt, you’re going to love this one!

No transfer fee 0% balance transfers are back! What better way to kick off the New Year than the return of 0 transfer fees!

Discover More just launched a limited time 0% balance transfer no transfer fee card. The no transfer fee now tops my list of 0% Balance Transfer Credit Cards.

How to Get Your No Transfer Fee Balance Transfer

1. Sign up for the Discover More card.
2. Make a 0% balance transfer by February 28, 2011.
3. Get a no fee 0% balance transfer for 12 months.

Discover Terms and Conditions

• Limited time only on the no balance transfer fee.
• 0% intro APR on 0 transfer fee balance transfers for 12 months and 0% intro APR on purchases for 12 months.
• No annual fee.

Discover More Extras

5% Cash Back. The Discover More also qualifies for the 5% cash back that rotate quarterly, like travel, gas, groceries, and restaurants. All other purchases earn 1% cash back.

No Transfer Fee Limited Time. Discover plans to offer the 0 transfer fee only until February 28, 2011.

Balance Transfer Strategies. I love taking advantage of 0% balance transfers to earn more money. See my evolving credit card arbitrage strategies for more.

24 Month Balance Transfer

Discover also has a 24 month balance transfer option if you want a longer balance transfer option.

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For this week’s Free Money Friday, we have an old favorite that just keeps getting better. Discover is offering another sign-up bonus, this time for $50!

Discover recently changed this offer from a $100 bonus to a $50 bonus; however, now you only need to make $250 in purchases instead of $500.

How to Get Your $50 Sign Up Bonus

1. Apply for the Discover More Card.
2. Make $500 $250 in purchases in the first 3 months.
3. Receive your $50 cash back bonus within 8 weeks.

Discover Terms and Conditions

• Offer valid for new cardmembers only.
• No annual fee.
• For 5% cash back categories (see below), you must sign up for each 5% program.

More on Discover

Cash back. Automatically earn 1% unlimited Cashback Bonus on purchases after your total annual purchases exceed $3000; purchases that are part of your first $3000 earn .25% Earn a Discover 5% Cashback Bonus on category purchases up to the total purchase dollar amount specified in each program.

Balance Transfer Offer. Here’s another great chance to leverage some money. Discover is offering a 0.00% introductory APR for 12 months after the first transaction posts to your account under this offer.

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The Chase Freedom Visa, which we already know is a great card, is offering a $100 sign-up bonus!

It’s a great offer to celebrate Free Money Friday before the holiday weekend!

How to Get Your $100 Bonus

1. Sign up for the Chase Freedom Visa.
2. Earn $100 Bonus Cash Back after you make $500 in purchases in your first 3 months. Qualifying transactions include purchases, balance transfers, and any checks that are used to access your account, and exclude cash advances.
3. 6-8 weeks after qualifying, bonus rebates which you can redeem for a $100 check, will post to your account.

Chase Freedom Terms and Conditions

• The Chase Freedom has no annual fee.
• For 5% cash back (see more below), you earn 1% on all purchases and 4% more in bonus categories for a total of 5%. 4% bonus earn is subject to a quarterly maximum.
• You do not earn cash back on balance transfers, cash advances, cash-like charges such as travelers checks, foreign currency, and money orders, any checks that are used to access your account, overdraft advances, interest, unauthorized or fraudulent charges, or fees of any kind.

More on Chase Freedom

Cash Back on Everyday Purchases. There is a 5% cash back offer in popular categories that rotate quarterly (i.e., gas, home improvement, department stores, etc.) and you always receive 1% cash back on everything else with no spending tiers. Plus, cash back rewards never expire.

Cash Back on Shopping. Earn up to 20% cash back when you shop at select merchants through Chase.

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Keeping all the credit card rewards programs straight is sometimes a little tricky. A reader, Jake T., recently wanted to know more about the new Chase Sapphire card. Here you go, Jake, everything you need to know about it!

Chase Sapphire Review

The Chase Sapphire card has been generating a lot of buzz since it first opened since it promises that customers will speak to a dedicated service advisor any time they call.

Or maybe it’s the sign up bonus they are offering that is enticing everyone. Either way, the card is a popular one right now. Let’s take a closer look at what else the Chase Sapphire card has to offer.

Chase Sapphire Features

• Rewards: The Chase Sapphire card offers a points program, redeemable for gift cards, merchandise, cash back and more.
• 24/7 Dedicated Service Advisor: As mentioned above, Chase promises you will reach a live representative whenever you call Customer Service. Just call the number on the back of your card and you’ll be connected to a Chase Sapphire customer service advisor immediately—without pressing “#” or any of the other string of numbers you usually need to enter to get through the menu items. Guaranteed.
• No Annual Fee: The Chase Sapphire card has no annual fee.

Chase Sapphire Rewards Program

Rewards Program. The Chase Sapphire card uses a point system. Points never expire and there are no limits on how many points you can earn.

Earning Points. You earn one point per dollar on all purchases and two points per dollar on any airfare booked through Ultimate Rewards. You can also earn up to 10 bonus points per dollar when you shop online at the Ultimate Rewards Mall.

Redeeming Points for Cash Back. Chase lowered the minimum to cash in your points to 2,000 points for $20. After that, you can redeem any additional points in increments of 100 points for $1. The conversion rate is equal to 1% cash back on all purchases, 2% cash back on travel, and 10% cash back at the rewards mall.

Redeeming Points. You can redeem the points for gift cards and merchandise. You’ll need 2,500 points for a $25 gift card. Some of the stores you can exchange your points for gift cards at are:

• Best Buy
• Crate & Barrel or Pottery Barn
• Exxon, Mobil, or Shell
• Gap or Target
• The Home Depot or Lowe’s
• iTunes
• Macy’s, Norstrom, or Saks Fifth Avenue

Chase Sapphire Details

Blueprint. Chase Sapphire comes with Blueprint, a unique set of features that lets you manage your finances—on your terms. Design your plan and see progress on every statement. Essentially, the blueprint program allows you to set up payment plans to make sure you are paying off everyday purchases in full each month without interest and track your spending. It also allows you to pay off larger purchases over time, but that’s not something we’re going to endorse without a 0% APR.

Choice of Payment Date. If your originally scheduled payment date is inconvenient, change it to a date that better suits you. You can align it with the same day your other payments are due, or the same day you get paid.

Year-End Summary. Your year-end summary organizes all your previous year’s transactions into categories by purchase type. This is great for tracking spending and filing tax returns easily. You can access your Chase Sapphire year end summary at chasesapphire.com/summary.

If you aren’t able to see your year end summary because you weren’t using the online service, another option is to enroll your card for free at Mint.com and you’ll be able to see all of your purchases by category.

Sign Up Bonus

As an added bonus, don’t forget to check out the $100 Sign Up Bonus that Chase is offering right now for the Sapphire card!

Here are the highlights on how to get the bonus:

1. Open a new Chase Sapphire card and make your first purchase.
2. Spend $3000 in the first 3 months.
3. Earn 25,000 bonus points – that’s $250 towards a flight or any other reward.
4. Points may take 6-8 weeks to post to your account but statement credits will post within 5-7 business days of redemption.

Chase Sapphire Overall

If you’re in the market for a new credit card, check out the Chase Sapphire card. The points program is a nice perk and if customer service is important to you, you’ll love the “no voice recording” feature of its Customer Service!

Hope that helps Jake!

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Citi’s sign up bonuses just keep getting bigger each week! Today’s Free Money Friday offer is another double offer: a $50 gift card and a 0% Balance Transfer!

How to Get Your $50 Gift Card

1. Apply for the Citi Diamond Preferred Rewards Card.
2. You will receive 6,000 bonus ThankYou Points after $300 in purchases are made with your card within 3 months of account opening.
3. Once these points post to your account, you may redeem for your choice of a $50 gift card good at leading national merchants or save them to use for other great rewards.

Citi 0% Balance Transfer

• 0% APR does not apply to cash advances.
• 0% Intro APR on Purchases and Balance Transfers. After that, the APR will be 12.99%-20.99% based on creditworthiness*. This APR will vary with the market based on the Prime Rate.
• The balance transfer fee is 3.0% of balance transfer amount, $5 minimum.
• New cardmembers only.

More on Citi Card

Perks. This card has no annual fee and offers 5x Thank You points on purchases at supermarkets, drugstores and gas stations for the first year.

Balance Transfers. Learn more about how you can still take advantage of balance transfer offers.

Purchases. Don’t forget you can also take advantage of the 0% without any fees by using it for purchases.

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