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  2. How do balance transfers work, and will one work for you? - AOL

    www.aol.com/finance/balance-transfers-one...

    Most credit card issuers charge a balance transfer fee upfront. Usually it’s the greater of a percentage of the debt or a flat fee. For example, 3% of the balance or $20, whichever is higher.

  3. Pros and cons of a balance transfer - AOL

    www.aol.com/finance/pros-cons-balance-transfer...

    A balance transfer credit card can help you pay off your debt faster and save money on interest, but it may not be the right move for everyone. ... also offer cards with no balance transfer fees ...

  4. Need a New Year’s money makeover? A balance transfer credit ...

    www.aol.com/finance/money-makeover-balance...

    A balance transfer is when you move credit card debt from a card with a high interest rate to one with a lower interest rate—or even a card that offers a 0% APR for an introductory period of time.

  5. Starting balance. Monthly payments. Months to pay off card. Interest paid. Regular credit card. $5,000. $300. 20. $949. Balance transfer card with fee applied. $5,150

  6. Credit card balance transfer - Wikipedia

    en.wikipedia.org/wiki/Credit_card_balance_transfer

    The lower the interest rate, the less the cardholder ends up repaying. Balance transfers involving a transfer of funds from a high-interest credit card or a store card to another card results in a reduction in interest fees for the cardholder. It is in the cardholder's interest to seek out a low-interest rate.

  7. How to choose a balance transfer credit card - AOL

    www.aol.com/finance/choose-balance-transfer...

    Most balance transfer cards charge a fee between 3 percent and 5 percent (often with a $5 minimum) of the transferred balance. ... The best balance transfer credit cards offer a 0 percent intro ...

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