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Credit-card category

Balance transfer

A balance transfer moves an existing credit-card balance to another card. Compare any transfer fee with the promotional rate, its end date, and the ongoing APR.

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What to compare

  • Balance-transfer fee
  • Promotional APR and duration
  • Deadline for completing transfers
  • Ongoing APR and eligible balances

Trade-offs to notice

  • A transfer fee can apply even when the promotional rate is 0%.
  • Transfers may need to be requested soon after opening the account.
  • Purchases and transfers can follow different interest rules.

A practical next step

Compare the transfer fee with the interest you expect to avoid, then build a payoff schedule.

Balance-transfer fees: a simple cost example

Before you apply

Review the current fees, interest rates, and eligibility requirements on the provider’s website. Browsing a category here does not submit an application or predict a decision.

Related categories

Sources and further reading

General education from the Consumer Financial Protection Bureau. Sources checked September 11, 2026.