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

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.

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...

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...

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.

7 Balance Transfer Credit Card Mistakes, and How to Avoid Them - NerdWallet

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.

Credit Card Balance Transfer with Low Rates | TDECU

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.

What Is a Balance Transfer, and Should I Do One?

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.

Low rate credit card | Balance transfer or cash back offer - NAB

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.

What Is a Balance Transfer Credit Card?

A balance transfer credit card could help you pay off high-interest debt at a lower rate. Learn more.