The best balance transfer cards now feature long 0% intro APRs and no annual fees -- compare top picks and start tackling ...

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.

When you transfer a balance to a new card, the old card’s balance will read as $0 unless you have pending purchases or are unable to transfer the full amount. Once you’ve paid off your balance on the ...

A balance transfer credit card could offer you a chance to pay less interest while paying off – or at least reducing – your balance. If you move your account balances to the card and pay it off during ...

The right first credit card for you is heavily dependent upon your credit score and your spending habits. If you have a ...

Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada. Previously, she was the associate editor of personal finance at MoneySense. She was also managing editor of Best Health Magazine ...

Balance transfer credit cards can help you get out of high-interest debt quickly and efficiently. There are several pitfalls to avoid that can end balance transfer periods early, costing you money and ...

A credit card balance transfer helps consolidate debt and reduce interest costs, but its effect on credit score depends on ...

If you were hoping the Federal Reserve's recent rate cut, its first of 2025, was going to make your credit card debt easier ...

(NewsNation) — Americans owe a record $1.14 trillion on their credit cards, and carrying debt has become more expensive, but a refinancing method known as a balance transfer could help ease the pain.