Cut Debt Faster Balance Transfer Intro APR Revealed
Real-World Impact and Savings
The real-world benefits of utilizing a balance transfer offer can be substantial. For example, if you have a $5,000 credit card debt with a 20% APR and you transfer it to a card with a 0% intro APR for 18 months, you could save over $1,000 in interest if you pay off the balance within the introductory period3. This not only accelerates debt reduction but also improves your credit score by lowering your credit utilization ratio.