Monthly Archives: September 2019
Do Balance Transfers Accrue Interest?
One of the biggest draws of a balance transfer is the fact it doesn’t accrue interest, assuming the APR is set to 0%, which it often is. With a 0% interest rate, any balance associated won’t be charged any finance ... Read More »
Can You Do Multiple Balance Transfers?
Similar to applying for multiple credit cards, you might be wondering if it’s possible to execute multiple balance transfers in a short window of time. The good news is that yes, you can do multiple transfers in a small span ... Read More »
What Happens to My Old Credit Card After the Balance Transfer?
There are lots of interesting balance transfer-related questions out there, and I just stumbled across one I haven’t touched upon. It has to do with the “old credit card” involved in the transaction, the card that should have a zero ... Read More »
What Happens If You Don’t Pay Off Your Balance Transfer?
Most folks have a decent understanding of credit card balance transfers. If you don’t, read my primer for more info. Simply put, they allow you to move outstanding credit card balances from one credit card to another to save money. ... Read More »