Using balance transfers

A balance transfer is when you move your credit card balance from one credit card(s) to another, often to take advantage of a special offer or a lower interest rate.

While a balance transfer can be a simple and smart way to save on interest, there are some things you should be aware of before you apply.

Balance transfers aren’t suitable for everyone and there are some things you should know about before you get started. Here are 5 questions to ask yourself at the outset.

Knowing the ins and outs of balance transfer offers can help you use your new card to your advantage. Read on for some handy balance transfer tips.