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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 ...
The balance transfer fee may also depend on when you make your balance transfers. Some cards charge an intro balance transfer fee of 3% for transfers made in the first 60 or 120 days. After that ...
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Balance transfer checks can ... Today’s best balance transfer credit cards come with at least 12 months of 0 percent ... which means you’ll pay between $30 and $50 in fees for every $1,000 you ...
Balance transfer: You pay a total of $5,200, and you're out of debt in 26 months. That total includes the $150 balance transfer fee -- you only pay $50 in interest.
With a balance transfer, you move your credit card debt from a credit card with high interest to your new card for interest-fee payments for a set period of time, often anywhere from 12 to 21 months.
For example, if you have a card with a $5,000 balance transfer limit and a 3 percent balance transfer fee, the most you’ll be able to transfer is about $4,850.
A balance transfer -- moving your debt from one credit card to another one, usually with lower interest fees -- can be a saving grace for many Americans. But like every aspect of having and ...
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