0% APR vs Balance Transfer Cards: What’s the Difference and Which Saves You More Money?
If you’re carrying credit card debt or planning a large purchase, you’ve probably seen offers for 0% APR credit cards and balance transfer cards. At first glance, they sound similar—but they serve different financial goals, and choosing the wrong one could cost you hundreds in interest. In this guide, we’ll explain: ▪️What 0% APR cards are ▪️What balance transfer cards do ▪️Their key differences ▪️Which option is best for your situation ▪️How to maximize savings What Is a 0% APR Credit Card? A 0% APR credit card offers no interest on purchases, balance transfers, or both—usually for a limited introductory period (commonly 12–21 months). 🔍 Key Features: ▪️0% interest for a fixed time ▪️Works well for large purchases ▪️Can include balance transfers ▪️Regular APR applies after the intro ends ✅ Best For: ▪️Financing appliances, electronics, or medical bills ▪️Avoiding interest while paying off new purchases ▪️Short-term cash-flow flexibility What Is a Balance Transfer C...