 TITLE: How to Choose the Right Balance Transfer Credit Card CONTENT: Is a Balance Transfer a Good Option for You?\n--------------------------------------------\nBefore making a balance transfer, ensure that you'll qualify for a 0% APR period that's long enough to allow for substantial debt paydown. Check the credit limit that your new credit card issuer has offered, and choose balances to move that fall within it. Your balance transfer fee will be included in your credit limit, reducing how much you can transfer. If you're unable to transfer all your debt, prioritize the highest-interest balances so you'll save the most money.\nTake a close look at how your card treats new purchases too. If your card does not give you a grace period—since you're technically carrying a balance while you pay off your debt during the promotional time frame—then you may pay interest on new charges as soon as you make them. Understand whether your card charges higher than 0% APR on purchases, and whether it will start accruing immediately, to avoid surprise charges. In general, a balance transfer credit card is a good option if you plan to use it only to pay down debt, not to buy new items—at least during the promotional period and while you're paying off the transferred debt. END