The best balance transfer cards for bad credit typically have higher interest rates, but they still offer potential savings. Here are some to consider.
Credit card NerdWallet rating Intro APRRegular APRRewards rateLearn more Discover it® Cash Back - 18 Month Intro Balance Transfer Offer 4.9/5Best for Long intro period + quarterly categories 0% intro APR on Purchases for 6 months and 0% intro APR on Balance Transfers for 18 months 18.24...
Using a balance transfer credit card from a credit union can reduce your debt faster than non-union cards because these cards often charge a lower APR, saving you money on total interest paid. Balance transfer cards offered by credit unions also commonly offer the best deals and terms, often...
Personal loans are best for borrowers who have higher debt amounts or a mix of unsecured debts, and are available even if you have bad credit. Balance transfer credit cards and personal loans for debt consolidation are two common tools that can help you pay off debt faster, more simply and...
your balance transfer application will most likely be declined, because both credit cards are issued by Citi. This might not seem like a big deal, but remember: "hard" inquiries into your credit report can have a negative effect on your credit rating, especially those inquiries that result in...
balance transfer card companies will allow you to make the application on a soft inquiry basis. In layman terms, this means that regardless of whether or not you are accepted, the application will not be reported to the main three credit rating bureaus. The application only turns into a hard...
If you have bad credit, it can be difficult to qualify for a balance transfer card, and you should consider alternatives, like a personal loan. Understand the terms of your balance transfer: Before applying for a balance transfer credit card, review the terms associated with your offer, ...
5 things to do once your balance transfer is complete How this couple tackled $25K in credit card debt and improved a bad credit score in just 14 months Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone,...
Our team of experts reviewed the best credit cards to bring you our top picks for all scenarios: cash back, balance transfer, and more.
You can’t cancel a credit card unless you clear your balance in full. So, it's unlikely you'll be able to cancel a new balance transfer card unless you have a windfall that allows you to pay your debt off fast. On the other hand, cancelling a new balance transfer card before...