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800-290-4726 more ways to reach us. ... Another reason to read the fine print before using a balance transfer check is to find out your balance transfer APR and whether you’ll get to take ...
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 ...
When I performed my balance transfer with the Citi Simplicity® Card* for $4,000, I had a balance transfer fee of $200 and an intro APR period of 21 months. So I divided $4,200 by 21 months and ...
Money tip: You can’t always transfer up to your full credit limit. Some issuers will cap the amount of your credit limit you can use for balance transfers. Let’s consider this example: Credit ...
Credit card interest rates make it expensive to carry a balance, but a balance transfer can ease the pain. Find out how it works and how to get started. ... 800-290-4726 more ways to reach us.
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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Don’t forget to factor your balance transfer fee into the new balance on your card. This fee can be anywhere from 3 percent to 5 percent of your transferred balance, depending on the card.
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