Should I transfer balances from one credit card to another?

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Accepted Answer

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

Should I transfer balances from one credit card to another?

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