Can you transfer money between credit cards?

It is possible to transfer money from one credit card to another; this is called a balance transfer, and it involves transferring all or part of the balance from one card onto another card's balance. While not all credit cards may offer this function, balance transfers are a common tool that borrowers can use to consolidate their debt, as noted by Discover.

Balance transfer is a common debt consolidation technique when a borrower has a balance on a card with a high annual percentage rate and a lower or no balance on a card with a lower APR, as stated by Discover. Because balance transfers typically include a fee, the final amount transferred from the first card to the second may be higher in the net.