Steps
- Pre-qualify for 0% APR (12–21 months).
- Check transfer fee (3–5%) and ensure the savings beat the fee.
- Transfer only what you can repay during promo.
- Set autopay for more than the minimum; divide balance by promo months.
- Don't spend on the BT card (purchase APR may differ).
- Set reminders 60/30/7 days before promo ends.
- If needed, roll remaining balance to a backup plan (loan or second BT).
Pitfalls
- Paying late → losing the promo APR.
- Treating it like new credit to spend.
Frequently Asked Questions
Will closing old cards help?
Usually no; closing can hurt utilization.
Can I transfer between same bank cards?
Often no—different issuer helps.
Plan Your Payoff
Try our Balance Transfer Payoff Planner to set your monthly amount.