Credit card debt is the term used to describe the total outstanding balance individuals have on their credit cards. When a person purchases goods and services on their credit card, it automatically is added to their credit card debt. This debt is then owed to the financial institution that provided the credit card. Most credit card debt incurs interest on the balance owing, so to save in interest you should pay off the total balance each month or pay more than the minimum repayment due as stated on your statement. Another way to pay your credit card debt off sooner is by transferring your current debt to a balance transfer credit card with a low or zero interest rate for a specified time. The table below lists some of the top balance transfer credit cards available.