Balance transfer credit cards are specifically designed to help consumers consolidate debt from one or more high-interest cards onto a single card with a lower APR—often 0% for a promotional period. This allows you to streamline your payments and potentially save hundreds or even thousands of dollars in interest. If you’re struggling to keep up with multiple payments or want to pay down debt more efficiently, a balance transfer card can be a powerful financial tool—especially when used during an interest-free window. Just be mindful of balance transfer fees and the expiration date of the promotional APR.