Itâs more time than people spend reading (19 minutes); participating in sports or exercise (17 minutes); or social events (four minutes). Itâs almost as much time as people spend eating and drinking (1.07 hours).
If your goal is to reduce your credit card debt, a balance transfer credit card may be one way to increase the speed of your debt reduction plan. The primary reason to choose a balance transfer offer is to give yourself time to pay off the debt while getting relief from ongoing interest charges that add to that debt. Balance transfer credit cards frequently offer side benefits such as cash back rewards, airline miles or low interest rates on new purchases.
Best Balance Transfer Card: Chase SlateÂ®. 1  No annual fee. 2  $0 Introductory balance transfer fee for transfers made during the first 60 days of account opening. 3  0% Introductory APR for 15 months on purchases and balance transfers. 4  Full Review.