A balance transfer involves moving debt from a high-interest credit card to a new card with a lower interest rate, ideally one with an introductory...

When evaluating balance transfer credit cards, you'll want to pay attention to: • The balance transfer fee. Most cards charge a fee of 3% to 5% of...

You'll need good to excellent credit to qualify for a card with an introductory 0% period. That generally means a credit score of 690 or better.

The first step in executing a balance transfer is applying for a balance-transfer credit card. Once you're approved for the new card, tell that car...

A balance transfer by itself isn't going to have much of an effect on your credit score . The transfer doesn't make the debt go away; it simply mo...

Some of the best balance transfer cards require good to excellent credit (FICO score of 670 – 850) to qualify. Even more, credit lenders have repor...

Currently, the Wells Fargo Reflect, Citi Diamond Preferred and Citi Simplicity cards offer some of the longest intro APR periods. Although any temp...

A few factors could cause you to experience a temporary dip in your credit score after you complete a balance transfer. Applying for a new credit c...

Yes, but transferring balances multiple times can quickly deplete your available credit and increase your overall debt-to-credit ratio since you're...

The amount of time it takes for a balance to transfer from one credit card to another will vary by issuer. The process typically takes five to seve...

Your transfer limit is usually equal to or less than your credit limit. For example, if an issuer approves you for a credit limit of $5,000, you ca...