The benefits of consolidating your credit card debt are numerous, with one of the most important being the peace of mind you'll have when you make just one payment a month, plus getting your credit card debt under control. If your credit is good, you may also be able to negotiate a lower interest rate. The 0% rate is usually introductory, but depending on how much money you bring onto the card, the credit card company may respond by offering you a lower interest rate. In any case, getting your debt and your spending under control, while difficult, will give you a great sense of accomplishment.