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  2. What is a 0% intro APR card? What to know about no-interest ...

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

    Total interest paid. $0. $916. Total cost. $5,150. $5,916. ... Balance transfer fees ranging from 3% to 5% of transferred amounts. Late payment fees ranging from $29 to $40 a month.

  3. Pros and Cons of Using a Balance Transfer To Pay Off Credit ...

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

    With a balance transfer to a 0% card, even with a 3% transfer fee, you could pay off your debt in 32 months and only pay about $700 in interest. Thus, in this scenario you can save over $3,900 in ...

  4. 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 ...

  5. 3 of the Worst Mistakes With Balance Transfer Credit Cards - AOL

    www.aol.com/3-worst-mistakes-balance-transfer...

    Some cards charge an intro balance transfer fee of 3% for transfers made in the first 60 or 120 days. After that, the fee goes up to 5%. On $5,000 in debt, that's the difference between paying ...

  6. 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 ...

  7. 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 ...

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