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For example, if you were to transfer $10,000 in credit card debt to a balance transfer card, your fee might be 3 percent of your balance ($300) or 5 percent of your balance ($500) depending on the ...
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.
Many credit card issuers offer balance transfer credit cards with introductory 0 percent annual percentage rate (APR) periods that allow you to pay down what you owe interest-free for periods of a ...
The best balance transfer credit card you choose could offer more than a 0 percent intro balance transfer APR. It may also offer better overall benefits — possibly including cash back, rewards ...
So, if you transfer $5,000 in debt to a balance transfer card, you could pay an extra $150 to $250 in fees. You’ll find a few credit cards that don’t charge balance transfer fees, although ...
The U.S. Bank Visa Platinum Card is among the best balance transfer credit cards with 0% intro APR—and even rewards programs.
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