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The most important reason to pursue a balance transfer credit card is to take advantage of a low or 0 percent introductory APR offer. By transferring your debt to this new card, you start saving ...
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 ...
With a balance transfer to a 0% card, even with a 3% transfer fee, you could pay off your debt in 32 months and only pay about $700 in interest. Thus, in this scenario you can save over $3,900 in ...
Many balance transfer cards put a time limit on qualifying balance transfers. For example, the 0% intro APR may only apply to balance transfers made in the first 60 or 120 days.
Many credit card issuers offer balance transfer credit cards with introductory 0 percent APR periods that allow you to pay down what you owe interest-free for periods of a year or longer — even ...
A balance transfer is a transaction that moves existing debt from one source of debt to a different credit card. If you transfer the balance from a credit card with a higher APR to a card with a ...
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