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What is the interest rate on a balance transfer credit card?
Curious about Balance Transfer
The interest rate on a balance transfer credit card can vary depending on the credit card issuer and other factors. However, during the promotional period, which typically lasts for a certain number of months after the balance transfer, the interest rate is usually low or even 0%. After the promotional period ends, the interest rate may increase to the regular rate, which can be higher. It is important to read the terms and conditions of the credit card offer to understand the interest rates and fees associated with a balance transfer.
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