Credit Card Transfer -

: To pause interest charges and pay down the principal balance more aggressively.

This strategy involves moving existing debt from one or more high-interest credit cards to a new card, ideally one with a .

Bank of America balance transfer interest charges - Facebook credit card transfer

: Issuers occasionally offer bonuses (e.g., a 25% boost), which can increase the value of your points during a specific window.

: Avoid using the new card for everyday purchases. New spending often accrues interest immediately and can complicate your payoff plan. : To pause interest charges and pay down

: Most transfers occur at a 1:1 ratio , meaning 1,000 credit card points become 1,000 airline miles.

: Points are often more valuable when transferred to partners for premium cabin flights rather than being used in the issuer’s own booking portal. : Avoid using the new card for everyday purchases

: Introductory periods generally last between 6 and 21 months ; any remaining balance after this period will be subject to the card's standard high APR. ✈️ Reward Point Transfers