There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5). Product Details Issuer Name Citi Credit Needed Excellent, Good, Fair Annual Fee $0 Regular ...
Before transferring a balance, though, it's important to get the full picture of how your credit signals change when a balance transfer occurs. Part of that is understanding the effect that balance transfers have on yourcredit score. How does a balance transfer affect your credit ...
Balance transfers can save you money on interest charges by moving your existing balance from one credit card to another card with a lower interest rate. But how do you do balance transfers? Consider these steps for how to do a balance transfer to determine whether it’s right for you. ...
Is it worth getting a balance transfer? Balance transfers are good optionsfor consolidating credit card debt. However, be sure to calculate how much it will cost to transfer the balance versus how much in interest fees you'll accrue by simply paying down the balance on your current credit car...
NerdWallet readers usually land on this page because they’ve concluded that a balance transfer is a good move, and now they’re just looking for the right balance transfer credit card. Below, we’ll go into detail on how to choose among your options. But first, it’s worth quickly revie...
the Citi® Double Cash Card offers a simple reward structure. You’ll earn a cool 2% cash back on every purchase with no caps on how much you can earn, so it’s an excellent no-fee credit card for those who value simplicity. The balance transfer rate provides a cherry to this alread...
You won’t know what your balance transfer credit card limit is for certain until you get approved, but you can still implement some tools and tips to make the most of it. How much debt can you transfer? The exact amount you’re able to transfer depends on your card, your issuer and...
If you have good or excellent credit and carry acredit card balancemonth-to-month, you should consider a no-fee balance transfer card. It's important to keep in mind that while opening a new credit card to get out of debt can be beneficial, you need to be careful how you use the ca...
Balance transfers are not necessarily superior to personal loans, neither is the reverse true. It all boils down to the circumstances you are in. If you have a proper financial plan laid out and are able to pay off the balance transfer in the “free” credit period, the balance transfer ...