Chances are if you have good credit already, shop around for a new credit card which has 0% transer fee and 0% interest on transfers. Keep your old one open and just don't charge on it, they shouldn't charge you the annual fee if you're not using it. Credit is not that great and am trying to improve... There is no such thing as "free" when you get a credit card. They are money lenders and want to make a profit. They may give you 0 interest, but, if you miss one payment they will slap you with biggest percentage fee you've ever seen and it's downhill from there. Cut up those credit cards! If you are in debt go to your bank and see if you can take out a small Line Of Credit. The Interest rate is much lower and you can pay your credit cards off with this and make payments on your Line of Credit. Remember, if you can't afford it then you shouldn't have it! Credit cards are needed in emergencies and many places you may want to travel and stay will require a credit card, but, keep it far back in your wallet and unless you are having a real emergency (such as car trouble) or you need it to secure a hotel in another town or country DON'T USE IT!