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balance transfer
noun
A transferal of the current amount owing on one credit card to another one (ideally one charging a lower rate of interest)
Exact(57)
But they can recoup some of that with the balance transfer fee.
You will pay a balance transfer fee, usually a set percentage of the debt transferred.
But the interest-free balance transfer has been distorted by competitive pressures".
Barclaycard Platinum offers the longest 0% balance transfer period – 23 months – with a fee of 2.8%.
This includes a one-off 2.98% balance transfer fee of £59.60.
This is the longest balance transfer deal and has a fee starting at 2.98%.
Among the changes is the scrapping of 0% balance transfer deals on credit cards.
The balance transfer market as a whole is more competitive than even before the credit crunch.
Balance transfer fees.
Similar(2)
To market balance-transfer promotions for the company's credit cards.
balance-transfer fee.
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