A quick guide to balance transfer credit cards and what you need to know 💬💳 This quick guide breaks down how balance transfers work and the things you need to look out for. Save this for your next financial move 📈 UK, 18 . Subject to status. Terms apply. Virgin Money is a trading name of Clydesdale Bank PLC. | Virgin Money UK

Thinking about doing a balance transfer to help you pay down that credit card? Check out these tips and learn how to get the process started ⬇️ 💰 Review your credit card’s current balance and interest rate. For the transfer, you'll want to use a card that can accept the amount you're looking to transfer and has a lower interest rate than the rate you currently have. ✅ If you are eligible – initiate the balance transfer and wait for it to go through. Once the balance transfer is approved, the is