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Balance Transfer Advice

Read the latest advice from the Bankrate team on balance transfers — include who should get a balance transfer credit card, how to execute a balance transfer and everything in between.

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The Latest Advice for Balance Transfers

Design element of a person holding a phone in one hand and a credit card in another
What is a balance transfer — and is it a good idea for debt?
woman laying on couch while working on laptop and holding credit card
Learn more about why you may end up paying interest on a zero percent APR card.
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Discover offers a broad range of credit cards that let you rack up rewards for cash back, travel and more.
Senior couple sitting at a dining table, using a laptop computer, paperwork and bills on the table
You can transfer a variety of debt to cards, but not all cards accept all transfers.
design image of a woman smiling at her phone and holding a credit card with money in the air
Here’s how to do a balance transfer, which could help you pay off debt faster.
woman looking at credit card and typing on computer
Is the Discover it Cash Back or Citi Diamond Preferred best for balance transfers?
a young man at home holding a credit card and using a computer
Here’s what you need to do if your credit card APR increases.
couple viewing credit card offers
Choosing between the cards depends on whether you prioritize debt payoff or rewards.