Can I make purchases while using a balance transfer credit card?
Curious about Balance Transfer
Yes, you can make purchases with a balance transfer credit card, but it's important to understand how interest is applied to your balance. Typically, balance transfer credit cards offer a promotional period during which you pay little or no interest on transferred balances, but may have a higher interest rate on purchases. It's important to carefully read the terms and conditions of your balance transfer credit card to understand how interest is applied and any fees that may be associated with making purchases. Additionally, it's important to remember that any new purchases you make will increase your overall debt and may make it more difficult to pay off your balance transfer.