Closing out credit card debt can feel.
like an insurmountable challenge.Especially when you’re only making the minimum payment each month. However, with a little creativity and some smart decisions, it’s possible to pay off your credit card debt in half the time.
Or even less than that! In this article I’ll walk you through how to pay off your credit card debt with a 0% interest balance transfer from one or more of the best balance transfer cards on the market today.
Evaluate your current situation
There are many ways you can go about paying off your credit card debt. One way is to take out a personal loan for the amount of the balance, so that you only have one payment per month.
However, if you’re not able to get approved for a personal loan or don’t want to put yourself in more debt.Then another option is transferring your balance from one credit card company’s higher interest rate card over to a different company’s lower rate.
This gives you some time before having to make any payments on the transferred balance and it will help save on interest charges. When evaluating cards for a balance transfer, keep in mind these points:

Best no interest credit cards for balance transfers – These are often secured cards that require collateral such as an auto title deed or mortgage certificate as security against the full amount of the outstanding balance.
Best 0 apr transfer credit cards – If you plan on carrying balances from month-to-month after your introductory period ends, this may be a good option for you.
Look for a new credit card with a 0% interest rate
A good way to save money and reduce the amount of interest you’ll be paying is by transferring your credit card balance from one account with an unacceptably high APR to another. The best cards for this are those that offer no-interest balance transfers.
But even if you can’t find a card that’s perfect for you, there are still some great options out there. In order for the transfer to go through, make sure that you have good enough credit and also check out the fees associated with it.
If the benefits of a no-interest balance transfer outweighs any potential costs, then it’s time get moving on balancing your finances! Best No Interest Credit Cards For Balance Transfers
Transfer your balance
When faced with the prospect of paying down their credit card balances and saving money, many people are faced with two options: 1) use high-interest revolving credit cards, or 2) find a low-interest balance transfer option. If you’re smart, you’ll choose the latter.
Transferring balances is often more cost effective than continuing to make monthly payments on revolving balances. Plus, it doesn’t matter if there’s an annual fee because you won’t be paying any interest for 12 months.
- Best Balance Transfer Cards
- Credit Card Balance Transfers No Fee
Low-Interest Rate Credit Cards For Balance Transfers Most people know that when they sign up for a new credit card, they need to keep an eye out for a good introductory APR offer. But what about after those initial months?
The best way to avoid interest charges is by getting either no interest or very low-interest rates on your credit cards once that introductory period expires. With so many companies now offering low-rate offers, it can be difficult deciding which one will work best for you in the long run.
Set up a plan to pay off your debt
Credit cards are great for convenience, but not so much for paying down debt. That’s why it pays to consider the best balance transfer cards and look into how you can get the lowest interest rate possible on credit card balances.
With no fees and low-interest rates, transferring your balances over to a new card may be worth looking into. Not only will you save money on interest, but many cards will give you zero percent introductory rates as well as a time limit on when the rate goes back up.
This is where careful planning comes in; if you plan on transferring balances over, make sure you have an idea of when that introductory period expires so that it doesn’t sneak up on you and send your interest rates skyrocketing without any warning.
Take advantage of other features
Best no interest credit cards for balance transfers:
-Cards that offer the longest periods of time without an interest rate are typically the best options.
-Pay no interest on your balances for as long as 18 months, or choose 12 months and get rewards. -A good starting point is cards with an introductory period of 14 months of 0% APR. -If you’re looking for a card that’s been around for awhile, consider applying for one that has an intro rate of 10%.
This still beats most cards out there by 3%. You may have to open up a new account or move some credit around, but it could be worth it if you are trying to get rid of all those high-interest charges on your balance.
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