If you’re using a balance transfer, you should prioritize paying off the balance before the introductory APR period ends. If you’re unable to pay off the entire balance, you can still save on interest ...

If your balance isn’t paid off during the introductory period, interest charges start accruing on your remaining balance.

Of the debt held by the major credit card issuers, 82% of that amount is revolving — that is, carried over from month to month — according to the 2023 Consumer Credit Card Report from the Consumer ...

A 0% balance transfer credit card can be a valuable debt reduction tool. However, it can also be a trap. That’s not a contradiction. As with any tool, the key to making a 0% balance transfer card work ...