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2. What is a balance transfer — and is it a good idea for debt?

   www.aol.com/finance/balance-transfer-good-idea...

   On the other hand, if you transfer that debt to a 0 percent intro APR card with a 3 percent balance transfer fee, you can pay $344 monthly to pay off your debt in the same time frame without ...

3. How to do a credit card balance transfer - AOL

   www.aol.com/finance/credit-card-balance-transfer...

   Most balance transfer cards charge balance transfer fees of 3 percent to 5 percent of your balance. So, if you transfer $5,000 in debt to a balance transfer card, you could pay an extra $150 to ...

4. 8 balance transfer credit card mistakes to avoid - AOL

   www.aol.com/finance/8-balance-transfer-credit...

   The credit card issuer that inherited your debt from another account will usually charge between 3 percent and 5 percent of the balance. Therefore, on a balance of $8,000, your balance transfer ...

5. Credit card balance transfer - Wikipedia

   en.wikipedia.org/wiki/Credit_card_balance_transfer

   A credit card balance transfer is the transfer of the outstanding debt (the balance) in a credit card account to an account held at another credit card company. [1] This process is encouraged by most credit card issuers as a means to attract customers. The new bank/card issuer makes this arrangement attractive to consumers by offering incentives.

6. 6 times a balance transfer is a bad idea - AOL

   www.aol.com/finance/6-times-balance-transfer-bad...

   A balance transfer credit card is one that provides a 0 percent introductory APR on balance transfers, allowing you to move your existing credit card debt from a high-interest card to the balance ...

7. Balance transfer - Wikipedia

   en.wikipedia.org/wiki/Balance_transfer

   While many credit card issuers offer 0% interest balance transfers, some issuers also charge a transfer fee, which could range from 0–5%. As a result, consumers should evaluate the balance transfer interest rate during the promotional period, the length of the promotional period, and the balance transfer fee when deciding on which balance ...

8. Pros and Cons of Using a Balance Transfer To Pay Off Credit ...

   www.aol.com/pros-cons-using-balance-transfer...

   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 ...

9. How to consolidate debt without hurting your credit

   www.aol.com/finance/consolidate-debt-without...

   A balance transfer credit card lets you move existing debt from various credit cards to a single card. These specialized credit cards can offer a low or zero-introductory annual percentage rate (APR).