Question 1

Is a balance transfer worth it?

Accepted Answer

Usually yes if the interest you'd save at the low rate beats the transfer fee and you can pay it off during the promo period. The calculator checks both for your numbers.

Question 2

How much is a balance transfer fee?

Accepted Answer

Commonly 3% to 5% of the amount transferred, charged upfront. That fee is the main cost to weigh against the interest you'd avoid.

Question 3

What happens when the 0% period ends?

Accepted Answer

Any remaining balance starts accruing interest at the card's regular APR, which can be high. The goal is to clear the balance before that happens.

Should I Transfer My Balances?

Your numbers

Transfer or stay?

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