Are balance transfers worth it for smaller balances?
I have done balance transfers before for large balances over $6k, but I just moved, and I have a credit card with about $2k on it at almost 25% interest. I know I will not be able to pay this down aggressively like I normally would due to moving costs and increased rent/cost of living expenses right now. I have a balance transfer offer for 0% APR for 12 months at a 4% transfer fee. Would this make sense to do? It seems like it would save me some money in interest, but I am waffling on if it makes sense to do with such a low credit card balance.
Posted Jun 3, 2026, 1:25 PM UTC
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