A balance transfer moves debt from one credit card to another, typically to a card offering a lower interest rate. This strategy can reduce the cost of carrying a balance and help you pay down debt faster. You'll find information here about how balance transfers work, what to watch for in the terms, and the steps involved in moving your balance to a new card.

The articles answer practical questions: How do balance transfer offers work and what do the promotional rates actually mean? What fees might you encounter? How do you initiate a transfer, and what happens to your old card? What should you consider before deciding whether a balance transfer makes sense for your situation?