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APR vs rewards

Can rewards outrun credit card interest? $351

A $3,000 balance at 22.36% APR with a $300 monthly payment creates about $351 of interest in year one.

Run your balanceSee Interest Drag scenarios
Bottom line

Interest drag should be solved before optimizing rewards.

Rewards are usually worth one to a few percent of spend. Revolving APR can run above twenty percent annually on carried balances.
Next move

Compare payoff speed, balance-transfer fees, and APR resets.

A balance transfer can help only when the fee and payoff timeline beat the interest you would otherwise pay.

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