7 key reasons to save substantially on interest by transferring high-interest credit card balances to a 0% APR balance transfer card.
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Slash Interest Costs
Save substantially on interest costs that would otherwise accrue each month over the course of the introductory 0% APR period, which can range from 12-21 months.
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Consolidate Balances
Consolidating multiple scattered credit card balances into one balance transfer card simplifies tracking and management of total revolving debt
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Simplify Finances
By transferring to a balance transfer card, a single payment each month versus tracking and paying multiple separate credit cards helps streamline personal finances
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Free Up Cash Flow
Money normally spent on monthly interest charges can be freed up and allocated to other financial goals or priorities.
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Lengthen 0% Intro Periods
Balance transfer cards offer lengthy 0% introductory APR periods, often over 12 months and up to 21 months , providing an interest-free period .
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Improve Credit Mix
Balance transfer card can help diversify and enhance the overall credit mix used to calculate credit scores.
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Gain Repayment Flexibility
With no interest accruing during 0% intro periods offered by balance transfer cards, gain flexibility in optimal repayment timeline for transferred debt.