smart: I have a big balance on a card that has 11.22 APR, but opened a card with another bank that has given me 0% APR on purchases and balance transfers for an entire year. Would it be smart to transfer most of the debt from the other card to the card with 0% APR?Is it smart to transfer balance from a credit card to another one?That depends. Would you be able to pay off your entire debt within a year if no more interest was being accrued? If yes, then hell yes.. transfer as much of that debt as you can to the 0% interest card... all of it, if you can. If not, what will the interest rate be after a year? Will it be more or less than your current 11.22 rate? If less, I say still transfer all. If no, I say transfer as much as you can pay off in a year to the 0% card and leave the rest on the 11.22 card. Pay off as much as you can of the 0%. If you can afford to pay off the 11.22 some while you're doing it, that's even better. That way you're saving as much as possible while still working down your debt. This is all assuming that you're trying to use these 2 cards to ONLY work off your debt, without actually using them as charge cards. If you plan on regularly using this new card, then the fact that it has a 0% interest rate will be to their advantage and not yours. Once you get your debt paid off, then I would suggest you only charge when absolutely necessary and NEVER charge more than you can actually afford to pay back.Is it smart to transfer balance from a credit card to another one?If you are sure you'll really pay it off within a year, before the interest on the new card goes up, it's probably smart. But if you aren't sure if you will, don't transfer it.