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2. What is a balance transfer fee? Here’s everything you need to ...

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

   So, let’s say you transfer $5,000 in high-interest credit card debt to a new balance transfer card that charges a 3 percent balance transfer fee. In this case, you would begin repayment on your ...

3. Paying off debt with debt: How a balance transfer will save ...

   www.aol.com/finance/paying-off-debt-debt-balance...

   But a 0% balance transfer card allows you to transfer your high-cost debt and avoid interest for up to 21 months.” ... If the transfer fees outweigh the interest savings, or if you’re just ...

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

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

   A balance transfer is when you move your balance from one credit card to another offering a lower or 0% annual percentage rate (APR) for a set period of time, usually six months to up to two years ...

5. Pros and cons of a balance transfer - AOL

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

   “Before initiating any balance transfer, understand how long the new issuer is offering you the 0 percent or low interest rate. For the transfer to work in your favor, you must pay off the ...

6. In Debt? A Balance Transfer Card Might Be Right for You - AOL

   www.aol.com/debt-balance-transfer-card-might...

   On a $5,000 transfer, the balance transfer fee will likely be $150 or $250. It's a fairly small price to pay to go from an interest rate of 20% or higher to 0%.

7. What is a balance transfer fee? Here’s everything you need to ...

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

   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