Balance transfers are tricky! They can be a powerful tool to save money on interest payments, sure. But if mismanaged or neglected, they can be very costly and hurt your credit.
If you're considering a credit card balance transfer to tackle high-interest debt, stop and think first. While this financial tool can help, it's not a magic bullet.
Credit cards with cash back rewards sound enticing and a good opportunity to make some money back. But are they? Not necessarily... Check out this video.
