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You have the first part right, but be aware that some cards have transfer fees. I chose the Chase Slate card. While it didn't have the longest 0% APR (I think its 12 months), there was no balance transfer fee. And as far as I know, you can transfer a balance as big as your limit on the card.How does the credit card balance transfer work? Ive heard of Discover giving you like 1 year or 18 months with 0% interest. So say I have like $5k in credit card debt, I can get a Discover card and transfer that $5k to it and make payments and no pay additional fees or interest? But Im sure there is a limit to how much you can transfer?