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A balance transfer is when you move your balance from one credit card to another offering a lower or 0% annual percentage rate (APR) for a set period of time, usually six months to up to two years ...
A balance transfer check is a paper check provided by a credit card issuer that lets you transfer a balance from one credit card to another credit card with a different issuer. Credit card ...
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 ...
Performing a balance transfer is just one piece of the equation in paying off your debt. If you botch the process, that could land you deeper in trouble than before you transferred your balance ...
When I performed my balance transfer with the Citi Simplicity® Card* for $4,000, I had a balance transfer fee of $200 and an intro APR period of 21 months. So I divided $4,200 by 21 months and ...
Key takeaways. A credit card balance transfer is a popular option for tackling high-interest debt. A balance transfer credit card typically offers a 0-percent intro APR period that allows you to ...
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