Is it true that you can transfer your credit card debt and pay no interest for some time?

Yes.  This is called a balance transfer, and by doing this you can transfer the credit card debt you have on one account to another credit card account with a different issuer.  Essentially the new issuer pays your original credit card company for your debt, bringing the balance on that account to zero.  Your debt then gets transferred onto a credit card account with the new issuer.  Many people transfer their credit card balances when they find a credit card with a more attractive interest rate than the one on which they have currently accumulated debt.   And yes, many credit card issuers also use balance transfer offers as a marketing tool and will extend credit card offers that feature zero percent or very low interest rates on the transferred balance for a period of time, e.g. six months or a year.  Balance transfer offers sometimes include fees, so you should take that into consideration before you go this route.

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