Balance Transfer Credit Cards

Balance transfers is the process of using a new credit card to pay off your account balance on one of your existing credit card. Balance transfers can be a vary good way to save money on interest when you have an opportunity to move your balance from a high interest credit card to a low interest credit card. If you want to do a balance transfer call your credit card company and ask about their rates. If they don't have a low rate for balance transfers when you call ask them if there's any upcoming promotions, often employees are able to divulge that information when asked but not otherwise. When many promotional offers are being made, offering balance transfers at good rates, you can sometimes keep your monthly credit card payments low by transfering your balances to new low introductory rate cards.