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  2. 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 ...

  3. Pros and cons of a balance transfer - AOL

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

    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 ...

  4. How to maximize your 0% APR credit card and avoid debt traps

    www.aol.com/finance/maximize-0-apr-credit-card...

    With the 0 percent APR credit card, you’d save $771.90, even with the 3 percent balance transfer fee factored in. Not only that, but you’d become debt-free three months faster by using the ...

  5. Credit card balance transfer - Wikipedia

    en.wikipedia.org/wiki/Credit_card_balance_transfer

    A credit card balance transfer is the transfer of the outstanding debt (the balance) in a credit card account to an account held at another credit card company. [1] This process is encouraged by most credit card issuers as a means to attract customers. The new bank/card issuer makes this arrangement attractive to consumers by offering incentives.

  6. What is a 0% intro APR card? What to know about no ... - AOL

    www.aol.com/finance/intro-apr-cards-001631619.html

    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 ...

  7. Balance transfer - Wikipedia

    en.wikipedia.org/wiki/Balance_transfer

    While many credit card issuers offer 0% interest balance transfers, some issuers also charge a transfer fee, which could range from 0–5%. As a result, consumers should evaluate the balance transfer interest rate during the promotional period, the length of the promotional period, and the balance transfer fee when deciding on which balance ...

  8. 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 in debt to a balance transfer card, you could pay an extra $150 to ...

  9. 8 balance transfer credit card mistakes to avoid - AOL

    www.aol.com/finance/8-balance-transfer-credit...

    Balance transfer credit cards with 0 percent intro APR periods are among the most powerful tools available to consumers saddled with high-interest debt. With these cards, you can shift debt that ...

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