Can I transfer my balances to one credit card? - Balance Transfer FAQ

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Credit Card Applications » Questions » FAQs » Balance Transfer » Can I transfer my balances to one credit card?

Can I transfer my balances to one credit card?

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Yes, in most cases you can transfer multiple balances to one credit card. You just have to have a high enough credit limit to accommodate all the balances you want to transfer.

The first thing to do is list all your balances. There are two ways to do this:

  • Highest balance to lowest balance
  • Highest APR to lowest APR

Opinions vary on whether it’s better to try to pay off small balances first (so that you gain the confidence of zeroing out a whole balance more quickly) or to pay off high APR balances first (ultimately, you’ll save more money this way, though it may take longer to get larger balances down to zero).

Whichever you choose, it will be easier to make a plan when you have all your balances and APRs listed in front of you. Decide which ones to transfer if you don’t have a high enough credit limit on your new balance transfer credit card to transfer them all.

Another thing to remember: each transfer will have to be done separately, and each will incur its own balance transfer fee.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
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Intro APR on Balance Transfer: 0% (18 months)
For Excellent, Good Credit
Intro APR on Balance Transfer: 0%* (21 months on Balance Transfers*)
For Excellent, Good Credit
Intro APR on Balance Transfer: 0%* (18 months on Balance Transfers*)
For Excellent, Good Credit

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