A balance transfer credit card can be a valuable tool for getting out of debt -- but it's not right for everyone. Holly Johnson is a credit card expert and writer who covers rewards and loyalty ...

If you’re using a balance transfer, you should prioritize paying off the balance before the introductory APR period ends. If you’re unable to pay off the entire balance, you can still save on interest ...

A balance transfer lets you move all or part of a balance from one credit card to another. Balance transfers can significantly lower your interest rate – potentially to 0% annual percentage rate – and ...

This content is sponsored by PenFed Credit Union, federally insured by NCUA. You may have heard about a balance transfer – but have wondered about the benefits and if it’s a good move for you. The ...

What is a balance transfer credit card? What types of debt can I transfer to a balance transfer credit card? Are there any fees associated with balance transfers? How do balance transfer credit cards ...

A balance transfer credit card allows you to transfer the debt balance from other credit cards onto a single card. While there is typically an up-front fee, most balance transfer cards offer a low ...

Applying for a new balance transfer credit card usually requires a hard credit inquiry, which may lower your credit score temporarily. Your credit score might also drop due to your new average length ...