Hi Peter,

Consumers need to watch out for high fees when it comes to balance transfer offers.

Back in August, FiLife contributor Curtis Arnold wrote about coming changes in the credit card industry that will likely affect cards used for balance transfers (such as increasing fees.) I'd check it out here: http://www.filife.com/stories/is-the-credit-card-balance-transfer-game-over

Jim over at Bargaineering also wrote about how to compare balance transfer offers here: http://www.bargaineering.com/articles/compare-0-balance-transfers.html

Finally, check out the guide to balance transfer here: http://www.filife.com/guides/all-about-balance-transfer

Hope this helps,
Kristen