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A balance transfer card can be an effective money-saving option for paying down high-interest credit card debt — and the longer the introductory period, the greater your potential savings.
Here’s what to know when choosing a balance transfer credit card, including important considerations. 1. Understand how balance transfers work. Don’t stop reading after “0 percent interest ...
Key takeaways A balance transfer can be a helpful tool for paying off high-interest credit card debt interest-free for an extended period of time. It's essential to research and compare offers ...
If you have a balance transfer credit card that offers a 0 percent intro APR on balance transfers, you have the opportunity to pay off high-interest debt during the card’s promotional period.
A balance transfer credit card can offer you many months to pay off high-interest debt in the form of a 0% introductory APR. But when that balance transfer period ends, interest charges are added ...
Typically, balance transfer credit cards offer qualified borrowers a 0% APR introductory period during which they can pay down their outstanding debt without earning interest on the balance.
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