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For example, if you were to transfer $10,000 in credit card debt to a balance transfer card, your fee might be 3 percent of your balance ($300) or 5 percent of your balance ($500) depending on the ...
You can capitalize on the perks of a new card. The best balance transfer credit card you choose could offer more than a 0 percent intro balance transfer APR. It may also offer better overall ...
A 0% intro APR credit card lets you avoid paying interest on purchases or balance transfers for up to 21 months. This can save you hundreds or thousands of dollars when financing large purchases ...
Most balance transfer cards charge balance transfer fees of 3 percent to 5 percent of your balance. So, if you transfer $5,000 to a balance transfer card, you could pay an extra $150 to $250 in fees.
3. Transfer the balance to the new credit card. While each credit card issuer’s balance transfer process is slightly different, it’s usually a simple process you can likely complete in a few ways:
The best balance transfer cards are typically available only to consumers with very good or excellent credit — or those with a FICO score of 740 or above. However, you may also be approved with ...
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