How Credit Card Balance Transfers Work - Investopedia
Oct 7, 2024 · Simply put, it's a credit card that allows you to transfer a balance from another card, typically at a low introductory annual percentage rate (APR). You may pay a balance transfer …
What Is a Balance Transfer? Should I Do One? - NerdWallet
What is a balance transfer? A balance transfer is a transaction in which you move debt from a high-interest credit card to a card with a lower interest rate, ideally one with a 0%...
What Is A Balance Transfer? – Forbes Advisor
Oct 1, 2025 · A balance transfer moves a balance from one account to another account or card, ideally to take advantage of a lower or 0% introductory APR, and provides more time to pay …
Are balance transfers worth it? Pros and cons - Credit Karma
Aug 22, 2025 · A balance transfer is the process of transferring debt from one credit card to another credit card, usually to one with a lower interest rate. This doesn’t get rid of your debt …
What Is a Balance Transfer and How Does It Work? | Ally
Oct 3, 2024 · What is a balance transfer credit card? Balance transfer credit cards usually offer a low (even down to 0%) annual percentage rate (APR) introductory or promotional period …
What Is a Balance Transfer and Is it Worth it? - Experian
Sep 25, 2024 · A balance transfer is when you move existing debt to a new credit card with an introductory 0% annual percentage rate (APR). The main goal of a balance transfer is to save …
What Is a Balance Transfer Credit Card? | Citizens
A balance transfer credit card isn't a specific type of credit card. Instead, the name refers to various credit cards that offer a promotional annual percentage rate (APR) on balances you …