Save $333 by transferring your card balance | Dollar Saver tip #84

Key takeaways
- An average credit card debt of $2,978 can cost over $333 annually in interest.
- A 0% balance transfer allows you to pay off debt interest-free for up to 12 months.
- Switching could save you approximately $333 by avoiding typical credit card interest.
Save: $333
Tip overview:
Even a small credit card debt can cost you big.
An Aussie with an average-sized credit card debt of $2,978 would pay $333.58 in a year at typical interest rates if they didn't pay it off.1
Did you know?
If they switched to a 0% balance transfer deal, they could pay that off over the same 12 month period while paying no interest.
Result! Don't pay over the odds - get your credit card debt sorted.
1. Based on Finder analysis of 2024 credit card debt statistics.
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