Latest responses to “Pay off debt with 0 interest balance transfer credit cards, but read the fine print” Copyright 2013, MoneyBlueBook.com 445050 2010-12-22T14:49:58-08:00 KevinAZ Don't be intimidated by 0% credit cards offers with a balance transfer fee, as long as you account for the fee in your analysis. They are not necessarily a "trap" and can be much cheaper than even a secured loan. I generally transfer our car loans to 0% credit cards, and roll them over every 12 months. But if I can't, I will borrow at 3.25% against my 401k. This is a much better rate than any lender offers, and as my own lender, I'm earning a much better rate than I would earn from the Stable Value or Money Market funds in my 401k.