A balance transfer credit card can be a valuable tool for getting out of debt -- but it's not right for everyone. Holly Johnson is a credit card expert and writer who covers rewards and loyalty ...

If you’re using a balance transfer, you should prioritize paying off the balance before the introductory APR period ends. If you’re unable to pay off the entire balance, you can still save on interest ...

Erin is a personal finance expert and journalist who has been writing online for nearly a decade. Her passion for teaching others about personal finance came from her own experience of learning to ...

Here's a concerning stat: Americans owed $1.18 trillion in credit card debt in the first quarter of 2025, according to Motley Fool Money research. If you're adding to that number, though, fear not -- ...

A 0% balance transfer credit card can be a valuable debt reduction tool. However, it can also be a trap. That’s not a contradiction. As with any tool, the key to making a 0% balance transfer card work ...

Treating 0% intro APR cards like free money is a common mistake. Here's how to use balance transfer cards the right way, and ...

A balance transfer lets you move all or part of a balance from one credit card to another. Balance transfers can significantly lower your interest rate – potentially to 0% annual percentage rate – and ...

Lee Hallman is a freelance writer for credit cards and travel rewards at Forbes Advisor. She is a source of information and inspiration for readers looking to navigate the world of travel with savvy ...

A friend of mine almost didn't do a balance transfer because of the $300 fee. He was nervous about paying that much up front -- totally fair. But once he ran the numbers and saw he'd save over $1,400 ...

Balance transfer checks are a way to transfer credit card balances from one issuer to another with a lower interest rate. These checks may come with fees and may not offer the same benefits as balance ...