 TITLE: Survey: Most Consumers Pay Back Balance Transfers During Promotional Period CONTENT: 61% Paid a Balance Transfer Fee\n-------------------------------\nThough balance transfer cards can help save money on interest, other fees associated with transferring a balance can pile up. The most common cost is a balance transfer fee, which is usually a one-time payment of 3% to 5% of the total balance transferred, depending on the card.\nOf those surveyed, 61% reported being charged a balance transfer fee. The remaining portion—39%—said they didn't have to pay a fee, likely due to the fact that some balance transfer cards come with a promotional offer that allows fee-free balance transfers. END