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Compare different card offers and understand how a balance transfer works. ... The best balance transfer credit cards offer a 0 percent intro APR for up to 21 months on transferred balances.
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 ...
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.
To be eligible for the best balance transfer credit card offers, you usually need to have good or excellent credit. While there are options for balance transfer cards if you have bad credit, they ...
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.
If you currently have credit card debt, a balance transfer card may help you to reduce your interest rate, lower your payments and help you pay the debt off sooner. A recent GOBankingRates survey...
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