Balance Transfer Rate & Period

This is the interest rate you’ll pay on any money you transfer from another credit card or loan when you switch. This rate will apply for the length of the introductory period stated, after which you will pay the standard APR. Watch out for the rate you’ll pay on your purchases (‘Introductory Purchases Rate’). If your lender offers 0% on balance transfers, you might have to pay these transfers off before your purchases, meaning that your purchases can accrue interest over this time.