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Are there any fees associated with a balance transfer?

Curious about Balance Transfer

Are there any fees associated with a balance transfer?

Yes, there are usually fees associated with balance transfers. The fees can vary depending on the credit card issuer, but they are typically a percentage of the amount being transferred. For example, a card issuer might charge a balance transfer fee of 3% to 5% of the amount being transferred. It's important to read the terms and conditions of the balance transfer offer carefully to understand the fees associated with it.

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