 TITLE: Bad Credit? Here’s What You Need to Know About Balance Transfers CONTENT: Can You Get Approved for a Balance Transfer Card With Bad Credit?\n-----------------------------------------------------------------\nWhen you're approved for a traditional unsecured balance transfer credit card, you'll generally receive an annual percentage rate (APR) of 0% for a period of time, letting you pay off credit card debt interest-free. One caveat: You'll usually pay a one-time fee, generally 3% of the transferred amount.\nCredit card companies offer deals like this because they want your business. You typically can't transfer a balance between cards issued by the same financial institution, so a balance transfer is a way for issuers to take on new customers. It's most beneficial for them, however, if you have a history of on-time payments and are likely to pay off the debt as agreed.\nIn turn, you generally must have a high credit score to get a balance transfer card. With bad credit, or a score of 669 or lower (and especially 579 or lower), you likely won't qualify. END