a balance transfer is the opportunity to pay off a substantial debt more quickly at a low or even zero interest rate. This is true as long as the transfer fee and any other charges, such as...
Key takeaways ; A credit card balance transfer is a popular option for tackling high-interest debt. ; A balance transfer credit card typically offers a 0-percent intro APR period that allows you to save on interest payments for a limited time. ; You can transfer more types of debt than you may think, depending on the issuer of your balance transfer card.
By avoiding making purchases or taking cash advances, the borrower can ensure that interest accrued every month is at the low beneficial rate of the original balance transfer. The process...
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.
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...
Transfer your high-interest credit card balance to a TDECU card with low rates and no annual fees. Start saving today with a TDECU balance transfer.
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...
Discover the NAB Low Rate Card, a low interest credit card that comes with your choice of a balance transfer offer or cash back offer. Apply now.
Do the math before you assume that transferring your credit card balance to a lower rate card will save money. It could help—or it could cost you.
Some credit cards have promotional periods when they charge low or even 0% interest on your... percentage rate (APR). If you transfer that balance to a new card with a lower interest rate...