What is a balance transfer?

By Maryalene Laponsie | Updated on

A balance transfer is a feature of some credit cards that allows you to move a balance from one credit...

How to do a balance transfer

By Maryalene Laponsie | Updated on

If you are carrying debt on a high-interest credit card, a balance transfer is one way to reduce your costs....

Pros and cons of balance transfers

By Erica Sandberg | Updated on

What are the advantages and disadvantages of a balance transfer? On the surface, the decision to shift existing and expensive...