Credit cards · Going further · 6 of 7 · About 4 minutes

Balance transfers

Moving a balance to a card that charges 0% for a while, and what happens when that ends.

1. 1A balance transfer moves what you owe to a card charging 0% for a while.
2. 2Whatever is left when the 0% ends goes back to a high rate.
3. 3New purchases on the transfer card may be charged interest straight away.
4. One question