Debt and Balance

How do I do a balance transfer?

First, be sure that you are moving your balance to the best credit card for the job. Not all balance transfer credit cards are created equally, you must compare them side-by-side to see which one is the best for your financial needs. Balance transfer credit card offers come frequently in the mail, especially if you carry balances often. To see the best balance transfer credit cards, see our Balance Transfer Cards page, and simply click “Apply” for the card you like the best. You will be taken to a secure online credit card application page and will be asked basic information about your income, where you live, and your job.

• Always ask these questions for any balance transfer credit card offer:
• What are the transfer fees, if any?
• What is the APR after the introductory rate is over?
• Is the low/0% APR for transfers and purchases, too?
• What is the annual fee?
• What are the other fees – late fees, over the limit fees, etc. ?

See also:
What is a balance transfer?
What is a balance transfer credit card?
What is a balance transfer check?
What are low APR credit cards / 0% APR credit cards?

Last update: 2006-09-25 18:39
Author: BKO

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