- The distinguishing feature as far as Balance Transfer credit cards are concerned is the fact that you will be charged minimal to no interest rates for the first few months on certain balances.
- A good credit score can guarantee that you walk away with the best deal. For example, with balance transfer credit cards, the promotional interest rate can dip to as low as 0% and the time for repayment may vary based on the card issuer.
- For those with poor credit scores ranging around 600, all hope is not lost. Balance transfer credit cards for bad credit can essentially help you manage your expenses by minimizing interest rates for a certain duration and reduce the time required to repay the debt.