What is a Balance Transfer Credit Card? | Discover | Card Smarts скачать в хорошем качестве

What is a Balance Transfer Credit Card? | Discover | Card Smarts

What is a balance transfer on a credit card? Here, Discover explains what a balance transfer is so you can determine if a balance transfer credit card is the right option for you. Related links: What Is a Balance Transfer Credit Card?: https://www.discover.com/credit-cards... Apply for a Balance Transfer: https://www.discover.com/credit-cards... Discover Card Smarts: https://www.discover.com/credit-cards... A credit card balance transfer is when you transfer debt from one credit card account to another, usually one with a lower or 0% introductory balance transfer interest rate. This may help you pay down your balance more quickly and save money overall because you’re paying less in interest charges. But be sure to know the terms. Introductory balance transfer offers typically last just a few months and there is usually a balance transfer fee, which could affect how much you would save. If you’re thinking about a balance transfer credit card, it can be helpful to have a plan in place to manage your payments during the introductory period and after. Related videos: What is Cash Back:    • What is Cash Back on a Credit Card? | Disc...   How to Pay Off Credit Card Debt:    • How to Pay Off Credit Card Debt | Discover...   Subscribe to our channel and also follow us here: Facebook:   / discover   Instagram:   / discover   X: https://x.com/discover LinkedIn:   / discover-financial-services