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  2. 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.

  3. 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.

  4. 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. ... “Credit card interest is very high at present ...

  5. 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 ...

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

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

    Most balance transfer cards charge balance transfer fees of 3 percent to 5 percent of your balance. So, if you transfer $5,000 to a balance transfer card, you could pay an extra $150 to $250 in fees.

  7. 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 ...

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