Credit card balance transfers have long been a great method for consumers to reduce costs on interest, but like everything else in our lives, the coronavirus pandemic greatly changed things. During the early months of the pandemic, financial institutions and card issuers pulled balance transfer credit cards from the market. Now, various offers are making their way back on the market, but consumers will still need a good credit score in order to take advantage of the deals. If your credit union is planning on offering balance transfer credit cards once again, it must be clear that you’re offering them and what requirements are needed to qualify.
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