<prompt> Human: I obtained a private student loan a while back, which is 8. I have 20 payments left. I just got this offer from my credit card which I never use which will let me transfer a balance with no cost, at only 4.99 for 18 months. It then goes to 19.99 APR You can probably tell why I never use it lol, but does not back date the APR, only on the then existing balance when the promo ends, and I pay no annual fee on the card.I checked a balance transfer calculator, and discovered I would save 135.17 in interest, if I continued to pay the same amount over 20 months, which includes 2 months at the increased APR.The balance transfer would be 5000. I feel like this is a no brainer to save quite a bit of money! But then again I read things on here all the time where everyone tells OP how stupid they are for thinking something is a good idea, so I just wanted to in case I am blind to an obvious gotcha. Can someone please tell me if I am being stupid for considering this?  <response>: Sounds good. If you pay it off on schedule youre cool. Just make sure nothing goes wrong to make it go past then. You might also find another card that will let you put it to them at 0. 