What is a balance transfer and can it affect your credit score?

Credit card balance transfers are a refinancing method that can lower your interest payments but could also affect your credit score. Here's what to know.

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 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 — 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.

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 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.

What is a Balance Transfer Credit Card?

Learn what a credit card balance transfer is, and how a balance transfer credit card offer can save you money, especially if the credit card has no annual fee.

What Is a Balance Transfer Credit Card | TransUnion

Balance transfer credit cards are often used to buy some time to pay down high interest debt. But they also have costs, risks, and can impact your credit score.

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.

What is a Balance Transfer: Things to Consider

If you're thinking of transferring a credit card balance, a balance transfer can help you do so. Balance transfers are a money-management strategy that can help you save. Keep reading to find out the answers to questions like, “What is a balance transfer?" and more helpful tips on how to transfer a credit card balance effectively. A balance transfer is when you move outstanding debt from one credit card to another. Balance transfers are typically used by consumers who are looking to move the amount they owe on a credit card to one with a sign ...