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The fee charged to transfer a credit card balance varies from $0 to a certain percentage depending on the credit card company that you are dealing with. Chase Business credit card charges $20 per transfer whereas American Express One charges 10%.

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13y ago

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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.


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.


Can you transfer a spouse's credit balance to credit card?

Yes, you can transfer any balance you want to your credit card. Note if you transfer the balance to your credit card, you are now liable for the full debt and not him unless he is an authorized user on the credit card.


Can a wife transfer her credit card balance of a card that is?

She can transfer the balance onto a new card. It is known as a 'Balance Transfer'.


Can you transfer your credit card balance to another person?

No, you cannot transfer your credit card balance to another person.


What is the best credit card for balance transfer?

There are many good credit cards for balance transfer. For example, Visa credit card provides a good balance transfer service. American Express credit card does too.


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.


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 are balance transfer rates normally used for?

Balance transfer fees are charged on credit cards for sending money from one credit card to another. These fees have a big impact on how much you can save.


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.


Is it possible for you to transfer a credit card balance to another person?

No, it is not possible to transfer a credit card balance to another person.


What is balance transfer credit card?

A balance transfer credit card is offered when a business lets you transfer the balance from your old credit card to a new credit card with little to no cost. It's often much cheaper than getting a new credit card from a large or expensive business.