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Can I transfer my balance from another credit card to a lower interest rate credit card?

Curious about Lower interest rate credit cards

Can I transfer my balance from another credit card to a lower interest rate credit card?

Yes, it is possible to transfer the balance from another credit card to a lower interest rate credit card. This process is known as a balance transfer. Balance transfers allow you to move existing credit card debt to a new card that has a lower interest rate, often with an introductory 0% APR period. This can help you save money on interest and pay off your debt faster. However, there may be fees associated with balance transfers, so it's important to read the terms and conditions carefully before deciding to transfer your balance.

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