When you receive your credit card bill, you'll notice two different balances: the statement balance and the current balance. Conventional wisdom says that you should always pay off your statement ...

Commissions do not affect our editors' opinions or evaluations. A balance transfer credit card can be a powerful tool in your debt-busting arsenal. Paying off your balance while interest isn’t ...

Credit cards have notoriously high interest rates, so carrying a balance can be costly. However, some cards offer a path to paying off debt quicker with an introductory 0% APR period. These cards ...

A balance transfer is when you transfer a credit card balance from one credit card to another in exchange for a statement credit on the original card. If the new credit card has a low APR, then a ...

Only one thing left to do: Cancel all of your credit cards—the ones you’ve racked up huge balances on. Before you go off the grid, consider whether closing an account with a balance is the ...

If you're carrying credit card debt, you can reduce high interest by transferring your outstanding balance to a credit card that offers a period of zero interest when you first open the account ...

We recommend the BECU Low Rate Credit Card if you want to avoid balance transfer fees while taking advantage of intro APR offers on balance transfers. There are relatively few cards that don’t charge ...

Look for a card with an introductory interest-free period longer than a year. If you tend to carry a balance most months, a card with a low ongoing interest rate will work to your advantage in the ...

This is a recurring post, regularly updated with new information. If you have substantial balances to repay, you may wonder whether you can transfer them all to a new balance transfer credit card with ...

This is a recurring post, regularly updated with new information. For individuals new to credit cards, the concept of balance transfers may be unfamiliar. In simple terms, a balance transfer involves ...

With some cash-back cards, the bonus might immediately appear as a credit against purchases on your monthly statement. In most cases, though, the bonus shows up in your rewards balance ...