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  2. 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.

  3. Pros and cons of a balance transfer - AOL

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

    Pros and cons of a balance transfer. Erik J. Martin. November 27, 2024 at 3:01 PM. Key Takeaways. A balance transfer credit card can help you pay off your debt faster and save money on interest ...

  4. What to know before closing a credit card with a balance - AOL

    www.aol.com/finance/know-closing-credit-card...

    Pros and cons of closing a credit card with a balance Your personal financial situation will ultimately decide the best move for you, and that could be closing a credit card regardless of the ...

  5. How to do a credit card balance transfer - AOL

    www.aol.com/finance/credit-card-balance-transfer...

    Qualifying for a top-rated balance transfer credit card is generally easier if you have a good credit score or excellent credit of between 670 and 850. You might still be able to open a balance ...

  6. Pros and cons of a balance transfer - AOL

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

    You can capitalize on the perks of a new card. The balance transfer credit card you choose could offer more than a 0 percent intro APR. It may also offer better overall benefits — possibly ...

  7. Credit card pros and cons - AOL

    www.aol.com/finance/credit-card-pros-cons...

    Credit card pros. These credit card advantages can help you get extra value from your card: Credit-building opportunities. Credit cards can be a tool to build credit over time. And your credit ...

  8. Best balance transfer cards with no balance transfer fee - AOL

    www.aol.com/finance/best-balance-transfer-cards...

    For example, if you were to transfer $10,000 in credit card debt to a balance transfer card, your fee might be 3 percent of your balance ($300) or 5 percent of your balance ($500) depending on the ...

  9. Pros and Cons of Using a Balance Transfer To Pay Off Credit ...

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

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