The Best Do Balance Transfers Affect Credit Score References. Web balance transfers won't hurt your credit score directly, but applying for a new card could affect your credit in both good and bad ways. Web a balance transfer can help you pay down your credit card debt more quickly.
However, in the long term, it can be a huge help if you use your card responsibly, giving you a chance to dig. Web as with any new line of credit, opening a balance transfer credit card could negatively affect your credit by lowering the average age of your accounts. The citi simplicity® card offers a 0% intro apr for 21 months on balance transfers from date.
