Save money on credit card interest · If you transfer a balance from a high-interest credit card to a Discover Card with an introductory 0% APR balance transfer offer, you can use the money you save on interest charges to pay down your debt. Pay down your current credit card debt · When you consolidate all your higher-rate credit card debt--or other outstanding debts--with a Discover balance transfer offer, you end up with a single monthly payment and may reduce how much you pay in interest i...
You can take advantage of promotional interest rates to transfer a credit card's balance to a new credit card. Balance transfers give you the opportunity to pay down debt.
The Discover it Balance Transfer card has a decent intro APR offer and excellent rewards in rotating categories, although bonus rewards caps apply each quarter. Learn more with our Discover it Bala...
Imagine you have $5,000, $10,000, or any other amount in credit card debt, and your current card charges a high variable APR. Moving that debt to a new credit card with 0% APR can help you avoid interest payments while you pay off the debt. Here's how. First, you'll want to choose a new card offer from the best balance transfer credit cards available today. Note that balance transfer offers tend to last for 12 to 21 months, and you have to pay balance transfer fees (typically 3% or 5% of the deb...
Learn how balance transfers work to move credit card debt to a new card with a 0% or low introductory interest rate and if a balance transfer is right for you.
Key takeaways A balance transfer credit card is a type of card offering a 0 percent introductory APR period during which you can pay off your debt faster without interest. With a balance...
Key takeaways ; If you’re considering a balance transfer, you can either apply for a balance transfer card or select a rewards card that offers a balance transfer option. ; Balance transfer cards tend to have longer 0 percent intro APR periods, but they don’t typically offer rewards or perks. ; Rewards cards may offer a 0 percent intro APR on balance transfers for a shorter time period, but also offer you the ability to earn rewards as you make new purchases.
A balance transfer moves high-interest debt to another card, usually one with a 0% intro APR, so you save on interest while paying off debt.
The best balance transfer credit cards offer up to 21 months of 0% interest. Learn more by reading our guide to the top balance transfer offers.
Learn how to transfer a credit card balance to help you manage your debt and potentially reduce your interest payments over time.