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  2. Pros and cons of a balance transfer - AOL

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

    Erik J. Martin. November 27, 2024 at 3:01 PM ... In addition to a handful of balance transfer cards offered by major issuers, some credit unions also offer cards with no balance transfer fees.

  3. 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 ...

  4. 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

  5. Everything you need to know about balance transfer checks - AOL

    www.aol.com/finance/everything-know-balance...

    At that point, Card B’s balance is cleared out — but Card A has $1,000 added to its balance (plus any associated balance transfer fees) since you just used a balance transfer check to borrow ...

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

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

    There's normally a balance transfer fee, which is charged by the card that receives the transfer. The standard amount is 3% to 5%. On a $5,000 transfer, the balance transfer fee will likely be ...

  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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