{"id":48792,"date":"2023-10-25T17:00:21","date_gmt":"2023-10-25T17:00:21","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/10\/25\/can-you-get-a-balance-transfer-card-with-bad-credit-the-points-guy\/"},"modified":"2023-10-25T17:00:21","modified_gmt":"2023-10-25T17:00:21","slug":"can-you-get-a-balance-transfer-card-with-bad-credit-the-points-guy","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/10\/25\/can-you-get-a-balance-transfer-card-with-bad-credit-the-points-guy\/","title":{"rendered":"Can you get a balance transfer card with bad credit? – The Points Guy"},"content":{"rendered":"


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A balance transfer is an excellent way to consolidate debt across one or several credit cards onto a credit card offering a promotional annual percentage rate. Balance transfer offers regularly appear for those with good credit, but what about those with bad credit?<\/p>\n

Unfortunately, balance transfer for bad credit is typically much harder to come by because a low FICO score indicates risky spending and payment habits, resulting in missed payments, high credit utilization and other negative factors.<\/p>\n

Due to these factors, options for balance transfer for bad credit individuals are scant, whether they’re looking to open a new card to take advantage of a publicly available 0% APR or hoping to receive a balance transfer option on cards they already hold.<\/p>\n

Here are some things to keep in mind when looking for a balance transfer for bad credit.<\/p>\n

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Can you balance transfer with bad credit?<\/h2>\n

Bad credit is considered a FICO score lower than 630<\/a> and is a key barrier to those looking to balance transfer or consolidate credit card debt. The purpose of a balance transfer is to have a reduced or 0% interest rate, which can help borrowers save on interest and pay off debt quickly<\/a>.<\/p>\n

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