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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 ...
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
Almost all balance transfer credit cards charge a balance transfer fee, usually between 3 percent and 5 percent of the balance. Therefore, on a balance of $8,000, your balance transfer fee could ...
A balance transfer credit card can help you pay off your debt faster and save money on interest, but it may not be the right move for everyone. ... Negotiating or avoiding balance transfer fees ...
The Wells Fargo Reflect is a no-annual-fee credit card made for balance transfers. It has 0% APR for 18 months from account opening on balance transfers and purchases, followed by a APR.
There's normally a balance transfer fee, which is charged by the card that receives the transfer. The standard amount is 3% to 5%. On a $5,000 transfer, the balance transfer fee will likely be ...
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