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  2. Need a New Year’s money makeover? A balance transfer credit ...

    www.aol.com/finance/money-makeover-balance...

    A balance transfer is when you move credit card debt from a card with a high interest rate to one with a lower interest rate—or even a card that offers a 0% APR for an introductory period of time.

  3. Everything you need to know about balance transfer checks - AOL

    www.aol.com/finance/everything-know-balance...

    At that point, Card B’s balance is cleared out — but Card A has $1,000 added to its balance (plus any associated balance transfer fees) since you just used a balance transfer check to borrow ...

  4. Starting balance. Monthly payments. Months to pay off card. Interest paid. Regular credit card. $5,000. $300. 20. $949. Balance transfer card with fee applied. $5,150

  5. Pros and cons of a balance transfer - AOL

    www.aol.com/finance/pros-cons-balance-transfer...

    Credit card interest is very high at present, with rates from 18 percent to as high as 27 percent. Banks are allowed to charge high interest because credit card charges are unsecured loans.

  6. How to do a credit card balance transfer - AOL

    www.aol.com/finance/credit-card-balance-transfer...

    Most balance transfer cards charge balance transfer fees of 3 percent to 5 percent of your balance. So, if you transfer $5,000 in debt to a balance transfer card, you could pay an extra $150 to ...

  7. How to do a credit card balance transfer - AOL

    www.aol.com/finance/credit-card-balance-transfer...

    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.

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