minimum transfer amount. For example, if you owe $400 on a high interest credit card and a new card requires a $500 minimum transfer, you won't be able to move your balance. Check these limits against your current balances before applying for any new balance transfer credit card. Your Balance Transfer Repayment Plan It's a good idea to have a repayment plan laid out even before you apply for a balance transfer credit card. Keep in mind that these cards almost always operate on an introductory offer basis. The great deals you see advertised don't last forever, and you'll pay more interest later if you don't pay off your balance in full ?rst. Try to ?gure out how long it will take you to pay off your existing balances in full. Then look for credit card offers with introductory periods that last at least that long. And make sure any remaining balance won't revert to an even higher interest rate than the high rate you're trying to escape from your current credit card. Balance Transfer Credit Card Hopping -- Should You Do It? What happens if you can't pay off your entire transferred balance before your introductory rate expires? Should you continue to pay off the balance on your new card, or should you transfer the balance again? This is sometimes called credit card hopping -- moving from one balance transfer credit card to another repeatedly so your interest rate stays low even if you only make minimum payments. Sounds