Estimate your Rate and Payment to find a payment that fits your budget.
Before you apply, we encourage you to carefully consider whether consolidating your existing debt is the right choice for you.
Most issuers charge a balance transfer fee of around 3%, and some also charge an annual fee.
Before you choose a card, calculate whether the interest you save over time will wipe out the cost of the fee.
Nerd Wallet recommends visiting your local credit union first.
Most credit unions offer their members flexible loan terms and lower interest rates than online lenders, especially if you have a low credit score.
And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. Ideally, that new debt has a lower interest rate than your existing debt, making payments more manageable or the payoff period shorter.