Balance transfers can be expensive,including fees and eventually high interest rates.

Name: Balance transfers can be expensive,including fees and eventually high interest rates.
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

Balance transfers often come with balance transfer fees, which can be a percentage of the transferred amount. Additionally, if the balance is not paid off by the end of any promotional interest rate period, the interest rate may increase significantly, resulting in higher overall costs.

Balance Transfers Can Be Expensive,including Fees and Eventually High Interest