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How Credit Card Balance Transfers Work

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.

Discover it® Balance Transfer Offer

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...

Understanding Credit Card Balance Transfers

Before you transfer a balance to a credit card with a lower interest rate, understand its effect on new purchases and other costly fine-print traps.

How to Do a Balance Transfer on a Credit Card

Learn how to do a balance transfer on a credit card and see if a balance transfer credit card offer is right for your current financial situation.

How Does a Balance Transfer Work on a Credit Card?

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.

What Is a Credit Card Balance Transfer?

Learn what a balance transfer is, how a balance transfer works, and how to do a credit card balance transfer.

What is a Balance Transfer on a Credit Card?

See how to transfer your credit card balance! Learn what a balance transfer on a credit card is, the different types of balance transfers and more helpful tips.

What Is a Balance Transfer Fee—and Can You Avoid It?

A credit card issuer charges a balance transfer fee to transfer a balance from another creditor. Learn the pros and cons of balance transfers.

14 Best Balance Transfer Cards With 0% APR Of November 2024

Are you looking for a temporary break from APR? One of the balance transfer credit card offers available on Bankrate could help you pay down balances, improve your credit score and save on interest...

What Is A Balance Transfer — Is It A Good Idea For Debt?

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.

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