Choose a balance transfer offer based on both the rate you will receive now and the rate you will receive later. Just in case you don’t pay off the balance before the end of the 0% APR period, you should know how much the regular APR will cost. Follow these steps: Look at your budget and your debt: Figure out how long you need to completely pay off your balance. Do the math: Determine if you will save money by transferring your balance or balances. Explore your options: Seek out cards that allow you to prequalify for an offer. It’s not a guarantee of approval, but it’s better than applying blindly. Choose the card: Apply for the card that gives you the best combination of time to pay off debt while accruing zero interest, low fees, and other features important to you, like customer service tools or rewards.