# Credit Card Balance Transfer Fees **URL:** \ **Category:** Factual Questions\ **Created:** [June 17, 2025, 12:20am UTC](https://boards.straightdope.com/t/credit-card-balance-transfer-fees/1019733 "2025-06-17T00:20:12Z")\ **Posts on this page:** 1\ **Showing post:** 19
**Author:** ![Omar\_Little](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/omar_little/32/269_2.png) [@Omar\_Little](https://boards.straightdope.com/u/Omar_Little)\ **Post date:** [June 19, 2025, 4:28pm UTC](https://boards.straightdope.com/t/credit-card-balance-transfer-fees/1019733/19 "2025-06-19T16:28:20Z")
Here was my strategy back in 2009 with Discover. Had a 0% credit card rate for about 10 years with an initial $20k balance transfer, while I was able to earn about an average 10% after tax on the $20k cash investee instead of paying off the debt. > [@I'm pretty sure I'm putting one up on Discover Card](https://boards.straightdope.com/t/im-pretty-sure-im-putting-one-up-on-discover-card/521540): > > A few years ago, I got one of those 0% for life credit card offers from Discover. Meaning I could transfer balances that would have 0% interest as long as it took me to pay off my balance considering the following two conditions were met: make my minimum monthly payment on time, never be late. make 2 additional purchases each month. These purchases would accrue interest at the normal purchase rate, which is currently 13.99%. The monthly payment would be applied against the balance transfer … --- _[View the full topic](https://boards.straightdope.com/t/credit-card-balance-transfer-fees/1019733)._