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.

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.

The best balance transfer credit cards (November 2024)

We've put together a list of the top balance transfer cards that can help you pay down debt without immediately accruing more interest.

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...

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.

Credit Card Balance Transfer Calculator

Enter new card transfer fees: What is the minimum balance transfer fee: Enter the percentage fee you will be charged: * · Check to see if the card has a cap that limits the balance transfer fee. If so, enter balance transfer fee cap: Your balance transfer fee will be: $0.00 ; Enter new card details: Intro APR · Intro term · APR after intro: * · Annual fee: If you would like to pay more than your minimum payment, enter amount below: Minimum payment: Calculate

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.

Does a Balance Transfer Affect Your Credit Score?

Switching to a balance transfer credit card could save you money in the long run and boost your credit score.