A balance transfer credit card can help you consolidate your card balances and pay off debt quicker. Some balance transfer cards feature 0% APR offers, allowing you to pay down balances over time without incurring costly interest charges. Unfortunately, many of these cards also charge a 3% to 5% balance transfer fee. No-balance-transfer-fee credit cards are few and far between and take some searching to find. But for the savvy consumer, a no-balance-transfer-fee card could be the best way to pay outstanding credit card balances without added costs.
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