Are there any fees associated with transferring a personal loan to a credit card?

Published 16 May 2024

Possibly. The balance transfer may incur an upfront transfer fee of between 1% and 3% of the amount being transferred. Also, if you fail to repay the loan before an introductory zero-interest period expires, you may end up paying very steep interest charges. And don’t forget that there’s an annual fee to pay with most credit cards.