Balance Transfer Cards FAQS

If you want to consolidate your balances, the best option will be a balance transfer credit card. You can transfer all your balances onto one credit card and pay the debt off. When choosing a credit card pay attention to the credit rating required. You indicated you have a good credit history, so many cards will suit you. Remember that you cannot transfer to the same bank or issuer. So look for a bank you don't already have a balance with. And make sure the overall balance you are going to transfer does not exceed the limit of the new credit card.

Unfortunately, you won't be able to transfer the balance of one American Express credit card to another American Express credit card as balance transfers between two cards of one issuer are not allowed. You will need to apply for a credit card from a different issuer.

If you want to consolidate your balances, the best option will be a balance transfer credit card. You can transfer all your balances onto one credit card and pay the debt off. When choosing a credit card pay attention to the credit rating required. You indicated you have a good credit history, so many cards will suit you. Remember that you cannot transfer to the same bank or issuer. So look for a bank you don't already have a balance with. And make sure the overall balance you are going to transfer does not exceed the limit of the new credit card.

We’ve got the choicest credit cards with 0% intro APR on balance transfers. You are welcome to sift them all through and choose the right 0 balance transfer credit card to apply online for.  We want you to know that these 0 credit cards target people with good and excellent credit scores. To find the right balance transfer credit card even faster, you can also use our online easy-to-use Balance Transfer Savings Calculator.

A balance transfer is moving of your debt from one credit card (or cards) to a different card with a lower interest rate (usually 0% intro APR). When you are struggling to pay off your debts, the balance transfer can be of great help. The most popular type of balance transfers is a credit card balance transfer. Often credit cards that offer a balance transfer come with 0% intro APR on balance transfers allowing to pay off the transferred debt at 0% interest rate. This zero interest rate is given only for a short period of time – introductory period – that usually varies from 6 months and up to two years. When the introductory period ends, an ongoing interest rate will apply to the...

AARP credit card is not the best choice to transfer your balances. This card hasn't got 0% intro APR on balance transfer. Moreover, it has a balance transfer fee that is 3% or $5 fee for each balance transfer. You can apply for a regular credit card that has a 0% balance transfer fee and 0% intro APR on balance transfer. There are cards with different introductory periods so you can choose the one that suits you best.

Paying fees won't make anyone happy. Cards usually charge a fee of 3% for balance transfers, and if your overall balance is hefty, that might be quite considerable. However, if you do the math, you'll see what you are paying for. If the card of your choice has a 0% intro APR, you will save a lot on the interest that you won't pay monthly. With the intro period around 12 months on average you can subtract the amount of all your interest that you would pay if you stayed with you current card. Look at the difference with the balance transfer fee, and you'll see that what you save is much more than the fee charged.