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Key takeaways. A credit card balance transfer is a popular option for tackling high-interest debt. A balance transfer credit card typically offers a 0 percent intro APR period that allows you to ...
Debt to pay off. Monthly payments. Time to pay off. Interest/fees paid. Card with 15-month intro APR offer. $5,150 (principal balance + BT fee) $300. 17. $150 BT fee, $12.10 in interest
Many credit card issuers offer balance transfer credit cards with introductory 0 percent annual percentage rate (APR) periods that allow you to pay down what you owe interest-free for periods of a ...
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 0% intro APR credit card can be a useful way to pay for large purchases or consolidate high-interest credit card debt, acting like a no-interest short-term loan if used responsibly. And it ...
Let’s say you transfer it to a balance transfer card with a 0 percent intro APR offer for 18 months and a 3 percent balance transfer fee. Let’s say your current card has a variable APR of 20. ...
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Intro balance transfer APR offer: 0 percent for 21 months on transfers made in the first 60 days of account opening. Intro purchase APR offer: 21 months from account opening Ongoing APR: 18.74 ...
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