 TITLE: 5 Ways to Make the Most of Your Balance Transfer Card CONTENT: 5\\. Don't close your other cards after you've transferred your balances.\n------------------------------------------------------------------------\nOnce you've transferred your balances to the new card, think twice before closing your other credit cards. Closing a credit account can reduce your credit history, which can impact your credit scores. It can also cause your credit utilization ratio to increase because you may be using a higher percentage of your available credit with fewer cards—another factor that might lower your credit scores. Unless you are having trouble affording the annual fees, try keeping your credit accounts open—but not using them.\nBalance transfer credit cards can offer a great way to help you pay off debt while also saving you money, as long as you use them wisely.Balance transfer credit cards can offer a great way to help you pay off debt while also saving you money, as long as you use them wisely. END