Should I Do a Balance Transfer?
See if transferring your credit card balance will save you money
Your Current Credit Card
Enter your existing balance and rate
Check your statement for your current APR
Balance Transfer Offer
Enter the transfer card details
Usually 0% for promotional period
Typically 3-5% of the transferred amount
Common periods: 12, 15, 18, or 21 months
Enter your credit card details and click "Should I Transfer?" to see your personalized recommendation.
Frequently Asked Questions
Is a balance transfer worth it?
A balance transfer is worth it if you can pay off most or all of the balance during the promotional 0% APR period, and the transfer fee is less than the interest you'd otherwise pay.
What is a typical balance transfer fee?
Balance transfer fees typically range from 3-5% of the transferred amount. Some cards occasionally offer no-fee transfers as promotional offers.
How long are 0% APR balance transfer offers?
Promotional 0% APR periods typically last 12-21 months. The best offers provide 18-21 months of 0% interest.
What happens after the balance transfer promo period ends?
After the promotional period, any remaining balance will accrue interest at the card's regular APR, which is typically 15-25%. This is why it's important to pay off as much as possible during the promo period.