A balance transfer is the same as moving the outstanding balance (debt) on credit cards, from one to another card usually to obtain a lower interest rate.

A credit card balance transfer allows you to move your total balance or a portion of your total balance from your current high interest rate credit card to a new low interest rate credit card. The new credit card company will send you checks in the mail to pay off your current credit card bill, or will ask you for the information and send payment to your desired credit card company for you. In either case, it is important for you to follow up and make sure payment is made. Also, be sure you continue to make your monthly payments until you have verified that your current credit card company has received the check from your new credit card company.

The process of transferring a balance from one account to another account.

The transfer of other outstanding balances (for example, from other payments, cards or loans) to a new card. Transferring your balances to a single card allows you to consolidate your debt in one place with one rate. Balance Transfers often offer a lower rate than that applicable for card purchases or cash advances, that is usually valid for only a limited time.

A balance transfer is usually available with a reduced introductory rate More Balance Transfer Fee - Balance Transfer Fee : a charge for transferring a balance to a credit card More

Moving debt between companies.

The movement of outstanding balances from other lenders to a home equity line of credit.

A lump sum amount transferred from a credit card, bank account or similar to another credit card. This would normally be done to take advantage of low rates being offered specifically for balance transfer by a particular credit card brand, or to simply consolidate outstanding debts.

Moving your credit card balance to a new issuer for benefits such as a lower interest rate.

The act of transferring the whole or partial balance of one credit card to another credit card. This is usually done if the balance is being transferred to a card with a lower annual percentage rate.

The process of moving an outstanding balance from one credit card to another. This is usually done to obtain a lower interest rate on the outstanding balance. Transfer are sometimes subjected to a Balance Transfer Fee.

Repayment of one credit debt with another credit source.

a process by which you can use a second credit card to pay off the outstanding balance on the first card

a special transaction, not simply withdrawing cash on the new card to pay the old card off

a transfer of money you owe another creditor (eg other credit , store or gas cards) to your American Express Credit Card Account

a transfer of money you owe another creditor (e

This is when a balance is transferred electronically from one account to another account. There is a list of the best credit cards for balance transfer on this site.

To transfer the amount owed from one credit account to another.

You might decide that you would like to use a different credit card and would like discontinue with a current card. Any outstanding credit (balance) can be transferred to the new card. Also see Balance Transfer Rate

(Balance Transfer Credit Cards) Moving unpaid credit card debt from one lender to another. Lenders offer rates to encourage balance transfers in and apply to fees to discourage balance transfers out

The process of moving an unpaid credit card debt from one issuer to another. If you have multiple credit cards or are able to get a new credit card with a lower APR you may consider transferring debt to pay the lower interest rate.

The ability to move balances to your credit card from another credit card or other debt obligation. There may be a transaction fee associated with these transactions.

The process of moving an unpaid credit card balance from one issuer to another, usually to a card with a lower annual percentage rate to lower interest charges.

A balance transfer is the act of moving your unpaid credit card debt from one credit card issuer to another credit card issuer. Credit card companies often offer very low rates to encourage incoming balance transfers and high fees to discourage outgoing balance transfers.

The movement of an existing balance from one credit card to another credit card, usually to obtain a lower annual percentage rate (APR) and, in turn, save money.

The process of moving balances from one credit card provider to another. This is often done to move a balance from a high interest rate credit card to a low interest credit card.

Moving the unpaid amount of credit on card or debt to another issuer. If you have good credit this can be a good way to get better rates on a debt you must carry for some amount of time. Lots of card issuers use a low rate to ‘tease’ consumers into getting their card and leaving their previous card provider. The rate then goes up for any new debt put on the card.

An option offered by a credit card to move an outstanding balance from another credit card to it, typically at a lower interest rate.

is a transfer of a balance from one credit card or a loan onto another credit card. Many credit card issuers offer introductory interest rates (introductory APRs) that are much lower than the standard interest rates. Consumers may take advantage of these lower rates to transfer balances from their higher interest credit cards to the new, lower interest credit cards to save money on interest charges.

The process of moving one outstanding balance from one credit card issuer to another.

Some credit card issuers allow you to transfer the balances from other credit cards, store cards and small loans. With some credit card issuers if you transfer the balance in the first 6 months an introductory rate will apply.

When the outstanding balance of one credit card (or several credit cards) is moved to another credit card account.

Transferring or moving an unpaid credit card debt from one credit card company to another. Credit card companies will sometimes offer lower interest rates to encourage balance transfers to their company, but they will also charge transfer fees to discourage their customers from leaving.

Balance transfer rates are applied to existing card debt that is being moved from one issuer to another or a consolidation of other debts. These rates tend to be lower than standard rates and apply to the debt transferred or consolidated for a specified term or until it is repaid in full.

Transferring the amount owed on one credit card to another credit card.

If you have other credit cards with unpaid balances, you can transfer those amounts to another credit card with a lower interest rate and save money.

When a cardholder relocates an outstanding balance from one credit card to another. Credit card issuers will entice new cardholders with programs that offer very low interest rates for balance transfer. This is a great way to avoid paying high interest rates while carrying a large balance.

The process of moving an unpaid credit card debt from one issuer to another. Transfers of the balance owed may occur through the use of special checks, or may be handled directly by the issuer on your behalf.

The process of moving an unpaid debt from one issuer to another. Credit Card issuers sometimes offer teaser rates to encourage balance transfers coming in and balance transfer fees to discourage them from going out.

When an unpaid credit card debt is transferred from one issuer to another, it's known as a balance transfer.

The transfer of one or more credit card balances onto another card, typically to take advantage of a lower annual percentage rate.

The transfer of a credit card balance from one card to another, often between different institutions. The new card issuer usually charges interest from the day the amount is transferred to the new card, which means there is no interest-free period. You may be tempted to transfer one credit card balance to a new one because the new card issuer is offering a low interest rate – but that offer is usually only good for six months. And if you are late on one payment, the low rate is immediately replaced with a much higher one. Consumers should note that some credit issuers will offer a low rate on the balance transfer, but charge a higher interest rate on purchases with the new card.

Moving one credit card balance to another card, usually to take advantage of a lower APR.

Where the credit from one credit card account is used to pay off part or all of another debt. The total transfer amount cannot exceed the credit limit of the account that the payment is transferred to. Often credit cardholders will request a balance transfer to take advantage of a promotional or preferential rate on a new or existing account.

the process of moving your unpaid credit from an account with one credit card issuer to another. You can sometimes be given a financial incentive to transfer your unpaid credit.

Moving a balance (debt) from one credit card to another.

This means that you take the existing balance on your current credit card and transfer the money you owe to another credit card, preferably one with a better rate or options.

The movement of the balance of one credit card account to another credit card account.

The process of moving an unpaid credit card debt from one issuer to another. Card issuers sometimes offer teaser rates to encourage balance transfers and charge balance transfer fees to discourage transfers to other accounts.

Moving an unpaid balance from one open credit account to another. You will save money if you transfer balances to a credit account with a lower interest rate.

The movement of a credit card balance from one issuing banks credit card to another issuing banks credit card. Most balance transfers have low rates for a set period of time or until paid off.

Moving all funds from one account to another, often referring to an outstanding credit card loan moved from one card account to another.

Moving the outstanding balance (debt) on one or more credit cards to another card usually to obtain a lower overall interest rate.

If you already have more than one credit card, you can transfer your existing balance from one credit card to another. The second credit card issuer will assume your outstanding balance by paying it off. The second card issuer will then bill you at the new rate. Card issuers often offer low Introductory rates known as Intro APRs (teaser rates) to encourage balance transfers and acquire new customers. Credit card issuers hope that after the Intro APR offer ends, customers will continue using their cards.

Is the transferring of your balance from another of your credit cards to your smile credit card.

The act of using credit obtained from one source to repay credit already extended from another source.