Debt Payoff Plan with Balance Transfers
Use the Right Card
If you carry high-interest debt, a balance transfer card can give you breathing room with an introductory 0% APR period. That time can be used to pay down principal without interest piling up.
How to Create a Plan
Transfer your balance to a low-fee or fee-free promotional card, then set a monthly payment amount that clears the balance before the promo period ends.
What to Avoid
Do not use the card for new purchases unless the card offers a 0% rate on those as well. New charges can undermine your payoff goal.
Best Cards
Citi Simplicity, Wells Fargo Reflect, and US Bank Visa Platinum are solid options for debt payoff-focused users.