While credit cards can help you increase your purchasing power, their interest rates are infamously high.
If you don’t pay up your debts on time, you might end up stuck in a costly cycle. A balance transfer can be a great way of lowering your debt. It’s important to know that, not all cards are good for it.
That said, here is a guide to help you understand exactly how the best balance transfer credit cards work, how they impact your credit, and more.