A balance transfer credit card helps you make savings on the interest charged on your liabilities. However, you should weigh the savings against the service charges and future interests to be imposed by the new card.

All this while, you should keep your credit score stable so that your financial reputation is not marred.

 A balance transfer credit card is a great idea when you are reeling from exorbitant interests. What are the things to keep in mind? Read on.

Do not let your credit score take a hit at any cost because that will affect the chances of getting a balance transfer credit card.