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Transferring debt from one credit card to another?


Registered Member
How often do you transfer debt from one card to another? What do you look for when you are looking to transfer? I'm thinking about transferring some of mine to a lower interest rate card.


Secret Agent
Staff member
Thankfully I paid off all my credit card debt a few years ago, but back when I had some, I remember transferring it a few times to get a better rate. The transfer fee on the entire balance is where they get you though.


Registered Member
Yeah, I just read that part. Looked a little too good to be true. I wonder what transferring your debt looks like on your credit score.