Best balance transfer credit cards for paying off debt in 2020 - Business Insider

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The best credit cards for transferring a balance and avoiding interest charges while you pay down debt

A balance transfer credit card can help you pay down debt while avoiding interest for up to 21 months.This article is brought to you by the Personal Finance Insider team. It has not been reviewed, approved, or otherwise endorsed by any of the issuers listed. Some of the offers you see on this page are from our partners, but our coverage is always independent.

If you're looking to get back on track after overspending, consider using a balance transfer card to pay down your existing debt. Fortunately, there's one type of credit card that can help you avoid paying interest on your debt — if you use it the right way.let consumers with existing credit card debt move their outstanding balance over from another card to avoid interest fees. You're able to avoid interest on a balance transfer card thanks to an intro 0% APR offer, which lasts anywhere from nine to 21 months.

 

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