
7 Balance Transfer Credit Card Mistakes, and How to Avoid Them
Balance transfer credit cards can be helpful tools for zapping debt, but they aren't a cure-all and require you to avoid certain pitfalls.


Balance transfer credit cards can be helpful tools for zapping debt, but they aren't a cure-all and require you to avoid certain pitfalls.



A co-branded card represents a partnership between a specific business and card issuer and is meant to encourage and reward brand loyalty.

You don’t need to be a farmer to gain some useful perks from this card, including 5% back in store, 3% back on veterinary services and free trailer rentals.


Although Barclays no longer offers credit cards in the U.S. under its own brand, it remains one of the country's largest issuers through its partnerships with airlines, stores and others.

It offers 2% back on all purchases, with no annual fee or complicated rewards structure. Unfortunately, there's no welcome offer.

Different negotiation strategies have advantages and drawbacks. Understand their impact before contacting your card issuer.

The program is notable for its flexibility in card selection and unique referral bonuses.

To get the Greenlight credit card, you need a Greenlight subscription. To get the best rewards rate, you need to spend at least $4,000 each billing cycle.

Currently available by invitation only, the Ally credit cards suite includes three different offerings, each with its own fees and rewards structure.


If a merchant's policy allows for it, you can typically get either store credit or a refund on your credit card account in the form of a statement credit.

As a premium travel card, the Bank of America® Premium Rewards Elite credit card offers several luxury perks, but it lacks a network of transfer partners that’s offered by Chase, Citi and others.

Found a billing error on your credit card statement? You have 60 days to dispute it. Here's how to do it and what to expect.


Earning rewards with the 'Cash Back'-branded card takes a little work, but that effort can return far more cash back than is possible with the Chrome.

Accessing cash with your credit card can be costly. Understand the risks and how to protect yourself by lowering your cash advance limit.

The AmEx Platinum may wield more luxury gravitas, but the simplicity of the Capital One Venture X makes it the more valuable choice for most.


It's possible to get it with fair credit, but it lacks the travel-related perks you'd expect to find in a card with its annual fee.

Most credit card payments are processed within three days. As long as you make a digital payment by 5 p.m. on the due date, you shouldn't incur penalties.


This VentureOne offer includes a bigger bonus for new cardholders, but Quicksilver has a higher ongoing rewards rate as well as a lengthy 0% intro APR period.

The Platinum is a bare-bones card that helps people build credit, and that’s about it. If you’ve graduated beyond the credit-building stage, choose the Quicksilver for its handsome rewards.