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Can you pay the balance of one credit card with another credit card?
Wiki User
∙ 16y ago
Yes You can. The Credit Card Company doesn't care where the money came from.
Yes, you can in some instances transfer the balance. This can be a good thing to do when it gets you a reduced interest rate on the balance. But watch for additional fees that might apply. And using the 'checks' that are often sent to you will invoke cash advance fees, which use higher interest rates than credit balances do, along with another fee or two.
Wiki User
∙ 16y ago
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What does chase balance transfer stand for?
A balance transfer is the transfer of balance in an account or a credit card to another account.It also refers to transfer of outstanding balance from one credit card to another credit card.
What is a balance transfer?
A balance transfer is when you have money in one bank and transfer that money to another bank. It is also when you have a balance on one credit card and transfer the balance to another credit card.
Where may one balance transfer credit?
If one wants to transfer a balance from one credit card to another credit card, the gaining credit card will arrange the transfer. There is a transfer fee involved with the transaction.
How would one define a credit card balance transfer?
A credit card balance transfer means one can transfer the balance of one credit card into another. One can transfer either all the funds or only a portion. For further information, one can contact the credit card company.
Can you transfer credit card balance to another carholders card?
Yes, you can transfer a balance from one person to another, preferably WITH their permission..
What does chase balance transfer stand for?
A balance transfer is the transfer of balance in an account or a credit card to another account.It also refers to transfer of outstanding balance from one credit card to another credit card.
What is a balance transfer?
A balance transfer is when you have money in one bank and transfer that money to another bank. It is also when you have a balance on one credit card and transfer the balance to another credit card.
What does it mean to transfer credit card balance?
To transfer a credit card balance means to use the available credit on one credit card to pay off the balance of another credit card. This is often done by credit card holders to pay back a balance at a lower rate.
Where may one balance transfer credit?
If one wants to transfer a balance from one credit card to another credit card, the gaining credit card will arrange the transfer. There is a transfer fee involved with the transaction.
How would one define a credit card balance transfer?
A credit card balance transfer means one can transfer the balance of one credit card into another. One can transfer either all the funds or only a portion. For further information, one can contact the credit card company.
Can you transfer credit card balance to another carholders card?
Yes, you can transfer a balance from one person to another, preferably WITH their permission..
Does it cost anything to transfer your credit card balance to another card?
When transferring a balance from one credit card to another, a transfer fee is usually charged. This fee is a percentage of what ever the balance is. A higher balance means a higher fee.
Can you pay off a credit card by using another credit card?
Many credit card companies offer balance transfer options whereby you can transfer the balance of one credit card to another. Be aware that the terms offered for balance transfers can be deceptive and generally the terms have a time limit.
Do most credit card companies allow one to transfer their balance from one card to another?
Yes, most credit card companies will allow one to transfer their balance form one card to another. However, this is not always a wise decision since the transaction will appear on the statement to the credit card company.
If i do a balance transfer from one credit card to another will the first credit card be cancel?
No... It will simply have a zero balance owing. The card will still be active - until you cancel it yourself.
What is known as the transferring debt from one credit card to another?
It is balance transfer.
What is the balance on your new credit card?
There is no one balance on a credit card, they are all different.
