3 Credit Card Moves to Make Before 2021 Comes to an End

A big reason credit cards can be so difficult to pay off is that once interest starts accruing on your debt, it kicks off a cycle where your balance keeps growing, even if you're making your minimum payments. With a balance transfer, you move your existing balances over to a new card with a lower interest rate -- or, ideally, a card offering a 0% introductory APR. To qualify for a balance transfer, you'll generally need to have a decent credit score.