So this is a good card to consider even if you don’t think you’ll be able to pay off the entire balance within the intro period.
Its APR is likely lower than what you currently have.
The APR for the Bank Americard® credit card is likely lower than what you currently have, so you’ll still keep saving on interest while paying off the balance.
The Bank Americard® credit card not only offers a 0% intro APR for 15 billing cycles on purchases and balance transfers (balance transfers have to be made within the first 60 days of account opening), but its APR after the intro period is a low 13.24%-23.24% variable.
These offers can be a godsend if you’re ready for a change, but they only work if you make the debt repayment plan and follow through.
With that in mind, we’ve chosen some of the best cards for consolidating your debt.
We may receive compensation when you click on links to those products.You’ll usually still come out ahead even with the fee, but be sure to check.Most importantly, you need to have a plan for how to get out of debt and stay out.If you’re juggling multiple credit card balances and want to pay down your debt faster, it might be time to consolidate your debt.By merging your debts onto a balance transfer credit card, you can reduce the number of payments you’re making, save money on interest, and finally get rid of your debt.Many credit card offers that appear here are from companies from which Wise Bread receives compensation.This compensation may impact how and where products appear on this site (including, for example, the order in which they appear).And don’t be tempted to use your newly freed up credit lines to rack up yet more debt.If you do that, you’ll find yourself in a debt spiral.There are a few things to keep in mind when consolidating your debts.First, you’ll need good credit to get a good balance transfer deal.