Signet Banking Corp., which has taken hundreds of millions of dollars in credit card loans from its competitors with low-rate transfer offers, is dangling the ultimate lure - zero interest charges.

Some Georgia residents recently received a mail offering for a card with no interest on balances transferred from other cards. The rate is good through the end of the year, then bumps up to 10.6 points above the three-month London interbank offered rate, or 13.9% currently. The card carries an $18 annual fee.

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