Used well, a balance transfer card can turn high-interest debt into a predictable payoff plan instead of a monthly scramble.

The best balance transfer cards now have long 0% APR periods and no annual fees. Find the right card for you and start ...

Many Americans carry a balance on their credit cards. In the first quarter of 2025, U.S. consumers’ credit card balances totaled $1.18 trillion, according to the Federal Reserve Bank of New York.

Clint Proctor is a lead editor with the credit cards and travel rewards team at Forbes Advisor. He has five years of experience in personal finance journalism and has contributed to a variety of ...

While carrying a balance on your credit card should never be your first choice, it's growing increasingly unavoidable for many Americans. The most recent New York Fed report on household debt and ...

Robin has worked as a credit cards, editor and spokesperson for over a decade. Prior to Forbes Advisor, she also covered credit cards and related content for other national web publications including ...

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. Citi ...

Two of the most common ways to consolidate debts are balance transfer credit cards and personal loans. Both can help you save money and simplify payments, but which one works best will depend on ...

Some required reading for Americans playing the balance transfer game. Oct. 7, 2009— -- About a year ago, Buffalo, N.Y., native John Gallivan did what a lot of Americans with mounting credit card ...