The content is accurate at the time of publication and is subject to change.

Almost any general credit card will allow you to transfer a balance from another card. A lot of cards even offer an introductory interest rate of 0% on transfers. Be sure to look at the fine print, though, and see how long that rate will last and what the new APR will be.

You should also avoid any card that charges a balance transfer fee. They're typically around 3%. That doesn't sound like much, but it can add up fast. Plus, there's no need to pay that fee. There are plenty of cards with a low APR and no transfer fees.

Some general credit cards charge an annual fee. It can be worth paying extra for one of these cards if it has the benefits you want. In addition offering more rewards, these cards sometimes have a lower APR and fewer fees. Consider your options carefully before deciding if a card is worth the extra cost.

tags : Balance Transfers Credit Cards Shopping

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.