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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 ...
Discover it Cash Back • Balance transfers • Purchases. $0. ... Balance transfer fees ranging from 3% to 5% of transferred amounts. Late payment fees ranging from $29 to $40 a month.
Starting balance. Monthly payments. Months to pay off card. Interest paid. Regular credit card. $5,000. $300. 20. $949. Balance transfer card with fee applied. $5,150
Assuming you pay it down to $9,000 and move that loan — now including an estimated $360 fee — to a balance transfer card with a 0 percent intro APR for 15 months, the payments would rise to ...
A balance transfer fee will likely apply. Depending on the terms of the card you’re considering and its current promotion, you may have to pay a balance transfer fee. This fee is usually 3 ...
Key takeaways. A balance transfer fee is what credit card issuers charge when you transfer debt from one credit card to another. Balance transfer fees are typically 3 percent or 5 percent of the ...
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