BalanceTransfers.com provides balance transfer credit card commentary to help you save on credit card debt. Learn about 0% APR credit card transfers.
1. Request a balance transfer Typically, the first step of doing a balance transfer is getting in touch with the issuer of the card to which you're moving debt and providing some information about the balances you want to move. Effectively, you're saying, "Here's this debt. Can I move...
Transfer a balance now Take advantage of a balance transfer Get more flexibility with a credit card balance transfer Pay off credit cards with higher interest rates Consolidate balances to make managing payments easier Simplify your finances with fewer credit card bills Transfer funds from your ...
What is a balance transfer? A balance transfer is moving your debt from one credit card to another credit card (usually with a lower or zero introductory rate). In most cases, transferring your debt is a way to save money on interest: when you move your debt to a 0% intro ...
Find out how to do a balance transfer in five easy steps and save money on high-interest credit card debt with a 0 percent introductory APR.
Before you apply for a balance transfer, it’s important to be aware of the possible restrictions that can apply. Excluded credit cards In general, you can’t transfer credit card balances between cards with the same parent bank. For example, if you have $5,000 on an ANZ credit card, ...
But if your currentcredit card APRis 19.99% APR or higher, it will probably make a lot of sense to transfer those expensive credit card balances sooner rather than later. Chances are your current credit card issuer will have an offer slightly above 0% APR, such as 1.99% or something simil...
In addition, you may pay balance transfer fees for each transfer. How long will it take me to pay off the balance? It depends on the balance you’ve transferred, the amount you pay each month, and how your credit issuer applies your payments to your purchase and balance transfer balances...
Balance transfer credit cards purposefully have a special interest rate just for transferring debt to the card. Before you shop for credit cards, take a look at the balances and interest rates of your current credit cards. And, before you get too deep into researching cards, realize that you ...
After getting approval for a card with a 0% interest balance-transfer offer, determine whether the 0% rate is automatic or depends on a credit check. The next step is deciding which balances to transfer; cards with high interest rates should come first. (The balance doesn’t have to be i...