Guide for transferring credit card balances
By Bankrate.com • Bankrate.com

Print out and save this page to ensure a smooth transition from one credit card to another. If you prefer, Bankrate also provides a .pdf version of this checklist.

First, gather some information on your old card. Dig out your most recent bill and a copy of the current agreement with the old credit card, plus the agreement with the new card company.

Old card Info Toll-free customer service number (8___)_____-_______ Account # __________________  Balance $__________ APR ____ % Grace period ____ days Due Date ___/___/______

New card Info Toll-free customer service number (8___)_____-_______ Account # __________________  Balance $__________ Introductory APR ___ % Date intro rate expires ___/___/______ Date balance transfer APR expires ___/___/______ Fees for balance transfer $__________ Annual fee $__________ Grace period ____ days Due Date ___/___/______

Print out the form now.

Now that you have the necessary information, you're ready to make the transfer.
Follow these steps in order, checking them off one at a time.

Credit card account close-out procedure

Send minimum payment to old company by due date. Sign up for new card. Complete balance transfer form. While balance is pending, continue to make minimum payments by due date to old card. Receive notice of balance transfer to new company. Call old company to verify balance transfer. Receive billing statement with zero balance from old card company. Close old account by calling or writing the issuer. Ask the issuer to note in any statement to a credit bureau that the account was closed at the customer's request.