Should I transfer balances from one credit card to another?

If you have good enough credit to qualify for a card with a 0% introductory APR on balance transfers and need months to pay off high-interest debt, then a balance transfer is generally the most valuable choice you can make. This is especially true if you have good enough credit to qualify for the card.

This is particularly the case if you have credit that is sufficient for you to get approved for the card. When it comes to paying off your expenses, having a card like this might end up saving you a large amount of money on interest, giving you an edge over the competition

Comparewise Credit Card Banner 728X90

Read other Q&As

How to Improve Your Credit Score
How to Buy Stock In Canada
What are Child Tax Loans
How to Invest In Canada
How to Choose Health Insurance for Seniors
Refresh Financial
Smarter Loans
MBNA True Line Gold Mastercard
Scotiabank Gold American Express Card
BMO Cashback World Elite MasterCard
Home Trust Secured Visa Card
RBC Avion Visa Infinite
Brim World Elite Mastercard


Didn’t find an answer to your questions?

Send us your questions and we will get back to you.

Car loan?
Personal Loan?

Top deals await you just a short
application away!