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What is a balance transfer?

Balance transfer basics

A balance transfer is when you move your existing credit card balance(s) to another credit card with a different provider.

  • This can help you keep all of your borrowing in one place.
  • You could receive an introductory or promotional rate for a set period of time.
  • Balance transfers are subject to approval. Balance transfer fees may apply.

Watch our short video for more details.

 

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