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% introductory APR.

Nov 6, 2025 · It's a card that lets you transfer a balance from another card, usually with a low introductory annual percentage rate (APR). You may pay a balance transfer fee (which …

Nov 3, 2025 · For those who find themselves chasing minimum payments and watching a balance bounce back with interest charges, a balance transfer card might help. A balance transfer isn’t …

Jun 26, 2025 · A balance transfer is a credit card transaction that involves using one credit card to pay a balance owed to another credit card company or lender, essentially shifting the debt to …

Sep 19, 2025 · The most common type of balance transfer you'll hear about is moving credit card debt from one card to another. But that's not the only kind, as explained in more detail below.

Jun 27, 2025 · A credit card balance transfer allows you to move existing credit card or loan balances to a separate credit card account. Balance transfer cards may offer a low …

Sep 25, 2024 · To make a balance transfer, apply for a new credit card that offers a low or 0% introductory APR on balance transfers. Once approved, you'll request the transfer of your …

Mar 7, 2025 · What is a balance transfer credit card? In short, a balance transfer credit card allows you to move your credit card debt from one account to another to pay a lower APR on …

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 …

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 …