Question

 How does a credit card balance transfer work?

Answer A credit card balance transfer essentially refers to the act of transferring your credit card debt from one credit card to another for a temporary reduction in the interest rate being charged on yo... Read More »
http://www.answerbag.com/q_view/1870255

Top Q&A For: How does a credit card balance transfer work

Does my credit card balance increase with a balance transfer?

If the card you are transferring your balances to has a transfer fee, your balance on the new card will be higher than it was on the old card. Transfer fees should be considered alongside any poten... Read More »
http://www.answerbag.com/q_view/2237914

How do credit card balance transfer fees work?

Many credit card companies offer balance transfers with favorable terms. A balance transfer is when you transfer funds from one credit card to another credit card or debt. To get this process start... Read More »
http://www.answerbag.com/q_view/1869902

Does it hurt your credit to open up a new card&transfer a balance to a lower rate?

It can sometimes be in your best financial interests to transfer a current credit card balance to a new credit card to take advantage of introductory interest rates. Opening a new account, however,... Read More »
http://www.answerbag.com/q_view/1881989

What is a balance transfer on a credit card?

A balance transfer on a credit card involves transferring the amount owed on one credit card to another credit card. This is often done when one credit card company offers a lower interest rate tha... Read More »
http://www.answerbag.com/q_view/1867771


feedback
loading