Can I transfer my debt to a credit card with a fixed APR?

Transfering a balance to a fixed AP card

Sometimes it may not be to your advantage to transfer a credit card balance to a new credit card that offers a low introductory rate. If you have a large balance due, that low initial interest rate may not help you later when the introductory rate jumps at the end of the introductory period.

In these cases, you may find it better to look into a fixed rate balance transfer. This can be especially good for those with a balance on a variable interest rate credit card.

Fixed APR balance transfer credit cards offer fixed interest rates on balance transfers for a set amount of time, sometimes even for the life of the balance transferred. This can eliminate worries about what an interest rate will jump to after a promotional period ends.

With a research work on your part it is still possible to get a card that offers a fixed rate and low APR balance transfers. This can save you a lot of money in the long term.