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Balance transfer fees are typically 3 percent or 5 percent of the total balance you transfer to your new card. So, for every $10,000 in debt you move to a balance transfer credit card, you’ll ...
With a balance transfer to a 0% card, even with a 3% transfer fee, you could pay off your debt in 32 months and only pay about $700 in interest. Thus, in this scenario you can save over $3,900 in ...
17. $150 BT fee, $12.23 in interest. Card with no intro APR offer. $5,000. $300. 20. $946 in interest. With the 0 percent APR credit card, you’d save $783.77, even with the 3 percent balance ...
Consider a 0% APR offer. A balance transfer credit card ... factor in a transaction fee of 3 percent to 5 percent of each balance you’re transferring. That means if you’re moving $5,000 to the ...
Extended 0% Intro APR: The 18-month 0% intro APR on balance transfers (20.49% to 29.24% after intro period) is one of the longest available, giving you plenty of time to pay off high-interest debt ...
You should also consider any other fees, including if the card comes with an annual fee. Intro APR on purchases. Some balance transfer cards also offer a 0 percent intro APR on purchases, although ...
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