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.
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.
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 in the long run. Instead of making multiple payments ...
Key takeaways A balance transfer credit card is a type of card offering a 0 percent... It could take anywhere from a few days to a few weeks for your balance transfer to go through, and you...
Read up on the latest advice and guides from the Bankrate team all about balance transfers. We'll help you find the best card, execute a successful balance transfer, and get educated on everything...
Balance transfer credit cards can be helpful tools for zapping debt, but they aren't a cure-all and require you to avoid certain pitfalls.
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.
A credit card issuer charges a balance transfer fee to transfer a balance from another creditor. Learn the pros and cons of balance transfers.
A balance transfer can be an effective tool for getting out of debt but could also impact your credit. Read more about balance transfers and your credit.
A balance transfer can save you money by moving your debt from a high-interest credit card to one with a lower APR. Learn how they work, and find a card that fits your needs.