Carrying a balance on a credit card can be stressful when interest charges rack up month after month. Even if you’re paying more than the minimum, it’s easy to get stuck under a mountain of debt. One ...

You've probably heard of a credit card balance transfer — but how does one work? And how could a balance transfer save you money on your next credit card bill? We receive these types of questions from ...

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...

Used well, a balance transfer card can turn high-interest debt into a predictable payoff plan instead of a monthly scramble.

Many Americans carry a balance on their credit cards. In the first quarter of 2025, U.S. consumers’ credit card balances totaled $1.18 trillion, according to the Federal Reserve Bank of New York.

If you’re drowning in credit card debt, transferring your balance to a card with lower interest might sound like a lifesaver. But before you jump in, you’re probably wondering: “Do balance transfers ...

In Part 1 of this series, we talked about various strategies for getting rid of credit card debt and eliminating the sometimes-crushing interest charges that eat into money you could be spending o ...

How Do You Do a Balance Transfer? In many cases, you’ll be able to request a balance transfer as part of the same online form where you apply for your new credit card. You’ll need to enter information ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. A Reddit user got a balance transfer offer that had a 0% ...