 TITLE: What Is Balance Transfer APR? CONTENT: Can a Balance Transfer Affect My Credit?\n----------------------------------------\nCreditors like to see a FICO® Score☉ of 670 points or higher to award you with an eye-catching intro APR and credit limit, so you probably won't qualify for the best transfer cards if your credit score isn't looking its best. If you can, take time to strengthen your credit score before applying for a balance transfer credit card.\nOnce you apply for, and open, the account, it can have effects on your credit both good and bad. A balance transfer card opens up more available credit in relation to your current balances, and can enhance your overall credit utilization rate if you keep your old account (or accounts) open and don't accrue additional debt. Credit utilization is an important factor in your credit scores.\nConversely, hard inquiries on your credit report triggered by card applications, as well as the addition of the new account, can temporarily drop your credit score. Keep this in mind if you intend to apply for additional credit in the near future. You can check your credit score and report for free to see where your credit stands before and after opening the account. END