Acorns: How balance transfer credit cards can help you pay off debt
How balance transfer credit cards can help you pay off debt
Credit cards offering rewards and miles have been all the rage the past few years. However, there’s another type of card that doesn’t get as much attention, but can be extremely rewarding! Many credit cards offer 0% interest on balance transfers, often for up to two years. This can be a great way to transfer old credit card debt to a new account and avoid those high interest rates. It’s not a perfect solution, since there are transfer fees, and opening new lines of credit can affect your credit score, but if you’re smart about it, a balance transfer could work for you. Grow by Acorns + CNBC offers news, tips, inspiring stories and expert advice on how to best save and invest, build wealth and make the most of your money. For more visit https://ift.tt/1PHU37E Join https://www.acorns.com/ Subscribe to our channel https://www.youtube.com/channel/UCeIsLyi45Up-I_NAoYGKvtQ?sub_confirmation=1
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Credit cards offering rewards and miles have been all the rage the past few years. However, there’s another type of card that doesn’t get as much attention, but can be extremely rewarding! Many credit cards offer 0% interest on balance transfers, often for up to two years. This can be a great way to transfer old credit card debt to a new account and avoid those high interest rates. It’s not a perfect solution, since there are transfer fees, and opening new lines of credit can affect your credit score, but if you’re smart about it, a balance transfer could work for you. Grow by Acorns + CNBC offers news, tips, inspiring stories and expert advice on how to best save and invest, build wealth and make the most of your money. For more visit https://ift.tt/1PHU37E Join https://www.acorns.com/ Subscribe to our channel https://www.youtube.com/channel/UCeIsLyi45Up-I_NAoYGKvtQ?sub_confirmation=1
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