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Balance Transfer Advice

Read the latest advice from the Bankrate team on balance transfers — include who should get a balance transfer credit card, how to execute a balance transfer and everything in between.

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The Latest Advice for Balance Transfers

Couple Shopping At Supermarket
The Upgrade Cash Rewards Elite Visa combines features of a personal loan and traditional credit card — and also offers rewards on purchases.
older person holding a card and on a computer
Compare different card offers and understand how a balance transfer works.
overhead view of woman sitting on couch with laptop and credit card
Should you opt for a longer balance transfer offer or a shorter offer with rewards?
adult women looking at her credit card with one hand on her foerhead
If you’re struggling with debt, a credit card hardship program may be able to help.
Design element of a person holding a phone in one hand and a credit card in another
A balance transfer could be a helpful way to streamline your high-interest debt.
couple working on laptop together
Discover balance transfers can be completed online, via mobile app and by phone.
WLW couple with paperwork
Here’s what you need to know about carrying a balance on your credit card.
Man checking out his wife from the hospital
When paying for medical bills with credit, aim to pay it off as soon as possible.