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People Also Ask
Which are the popular balance transfer credit cards?
BankAmerica credit card, Capital One Quicksilver Cash Rewards Credit Card, Chase Slate, and Barclaycard Ring Mastercard are some of the popular balance transfer credit cards.
What does 0 on balance transfers mean?
Although you can transfer a balance to most credit cards, those that offer an introductory 0% interest period can save you the most money. These cards do still tend to charge a balance transfer fee when you move debt across, but they don't charge interest on the transferred balance for a set introductory period.
what is the need for a balance transfer?
Balance transfer allows you to consolidate debt to a lower interest credit card in order to meet payments on time and pay off the amount due with a lower rate of interest.