You’ll need a good to excellent credit score — above 690 — to qualify for most cards.Make a budget to pay off your debt by the end of the introductory period, because any remaining balance after that time will be subject to a regular credit card interest rate.As a result, consolidating travel and meeting RFPs is becoming an increasingly attractive prospect for buyers and sellers, with technology proving a great facilitator to brokering an attractive deal.PAREXEL have been a client with FCM Travel Solutions, initially for their USA and Canada business since 2006.Debt consolidation loans allow borrowers to roll multiple old debts into a single new one, ideally at a lower interest rate.
FCM are now servicing PAREXEL employees in 52 countries through a single global travel program. In 2014, FCM Travel Solutions introduced PAREXEL to their sister-brand cievents as part of the FCM Client Advisory Board.
However, a balance transfer card requires discipline to pay it off before the promotional rate expires, usually no more than 21 months.
The amount of credit card debt you can transfer is limited, typically no more than ,000.
While some consider travel and events to be a seller's market - making price negotiations inflexible - consolidation gives the seller more volume and therefore more incentive to take another look at winning your business.
In addition, jointly procuring travel and events can offer further benefits to your organization by offering end-to-end duty of care solutions as well as enhanced reporting on your travel and event spend.