 TITLE: How Do 0% Intro APR Credit Cards Work? CONTENT: How 0% Intro APR on Balance Transfers Works\n-------------------------------------------\nCredit cards that offer a promotional 0% APR on balance transfers allow you to move debt to the card and then pay it off over time without accruing interest.\nGenerally, only balance transfers that you request or that are completed (a potentially important distinction you should look for in the terms) within a certain period will qualify for the promotional rate. For example, the 0% APR may only apply to balances transferred within 60 days of opening your account.\nOnce you let your new card issuer know which balances you'd like to transfer to the new card, the issuer will either pay off those balances or issue you a check so you can do so yourself.\nThe transferred balances will receive a 0% APR rate for a promotional period, which typically lasts nine to 21 months, depending on the card and offer. If you pay down the balance in full by the end of the period, you won't pay any interest on that balance.\nMany cards also charge a balance transfer fee, which is often 3% to 5% of the amount you transfer. Compare how much you'll spend on fees with how much you could save on interest to determine whether using a balance transfer offer is a good idea. END