Transferring a balance from one credit card to another basically means using a new card to pay off what’s owed on an existing account. The best way to do this is to apply for a 0% balance transfer credit card. The application will include fields where you can fill in the amount you wish to transfer as well as certain details about the account the balance belongs to. If you are approved, the transfer will be processed, though it may not be for the full amount you requested. That depends on the credit limit you’re granted. You can compare WalletHub’s editors’ picks for the best balance transfer credit cards here: https://wallethub.com/best-balance-transfer-credit-cards/. And you can learn more about how balance transfers work from this guide: https://wallethub.com/edu/balance-transfer/19577/ .
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