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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 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.
Before pursuing a balance transfer credit card or transferring a balance, carefully assess your financial situation — including your ability to repay and qualify for the new card. While the 0 ...
Almost all balance transfer credit cards involve an initial balance transfer fee. The credit card issuer that inherited your debt from another account will usually charge between 3 percent and 5 ...
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.
Balance transfer credit cards typically have a promotional APR that lowers your interest rate for a set amount of time, and in turn, lowers your monthly payments. Some cards offer 0% interest for ...
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