The presumption is that on balance there is loss.
Transfer your balance, and then do it again Many providers offer introductory 0% interest rates on balance transfers.
Asda is also offering 0 per cent on balance transfers for an introductory period of six months.
The subsequent seven years have on balance vindicated this decision.
Incentives may include lower or waived fees, reduced interest rates, bonus rewards, upgrades to a platinum account, or even zero interest on balance transfers.