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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.
Flexible Financing: If you need to make a large purchase, a 0% APR card allows you to finance it over time without accruing interest. Cons: Balance Transfer Fees: Many cards charge a balance ...
A 0% intro APR credit card lets you avoid paying interest on purchases or balance transfers for up to 21 months. This can save you hundreds or thousands of dollars when financing large purchases ...
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 ...
0% Balance transfer: 0% Intro APR for 18 billing cycles for any balance transfers made in the first 60 days of opening your account, then 16.24% - 26.24% thereafter, plus a balance transfer fee of ...
The most important reason to pursue a balance transfer credit card is to take advantage of a low or 0 percent introductory APR offer. By transferring your debt to this new card, you start saving ...
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