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A.Annual percentage rateTo build a good credit rating.CB.Balance transferTo use one credit card to pay off money owed on a different credit card.BC.Secured cardTo use a credit card to get money from a bank machine.DD.Cash advanceTo charge interest on unpaid balances.A

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Which credit card feature determines the cost to use one credit card to pay off money on a different credit card?

The feature that determines the cost of using one credit card to pay off another is the balance transfer fee. This fee is typically a percentage of the amount being transferred, often around 3% to 5%, and can also include interest rates that apply to the transferred balance. Additionally, the annual percentage rate (APR) on the new card can impact the overall cost if the balance is not paid off within any promotional period.


Can you explain the balance transfers feature to me?

Balance Transfers simply mean to transfer your balances from one account to another. Generally, you transfer your total remaining balance from your current credit card to a new credit card. This is usually done to secure a lower interest rate. If you would like to discuss this in person, or have any more questions please call me at: 555.123.456.


Which credit card feature determines the cost to use one credit card to pay off money owed on a different credit card?

The credit card feature that determines the cost of using one credit card to pay off another is the cash advance fee and interest rate. When you use a credit card for a cash advance, it typically incurs a higher interest rate than standard purchases and may also come with a fee (often a percentage of the amount withdrawn). Additionally, there may be a balance transfer fee if you are transferring a balance from one card to another, which can also affect the overall cost.


What is a credit card features would be best for customers who want to pay off the balance on a high interest credit card?

For customers looking to pay off a balance on a high-interest credit card, a card with a 0% introductory APR on balance transfers would be ideal. This feature allows them to transfer their existing high-interest balance to a new card without incurring interest for a specified period, typically ranging from 6 to 18 months. Additionally, cards with no balance transfer fees can further enhance savings during this payoff period. Finally, low ongoing interest rates can be beneficial for any remaining balance after the promotional period ends.


Do most online banks offer balance transfers for free?

Most online banks do not offer balance transfers. It is best to get a credit card that offers this feature.

Related Questions

How to Transfer Balance from Mobily to Mobily?

Transfer Mobily credit effortlessly! Access the balance transfer feature, enter the recipient's number, and specify the amount. Stay connected, stay in control.


Which credit card feature determines the cost to use one credit card to pay off money on a different credit card?

The feature that determines the cost of using one credit card to pay off another is the balance transfer fee. This fee is typically a percentage of the amount being transferred, often around 3% to 5%, and can also include interest rates that apply to the transferred balance. Additionally, the annual percentage rate (APR) on the new card can impact the overall cost if the balance is not paid off within any promotional period.


What feature is attained when a painting has both balance and symmetry among the different parts of the works?

Proportion is attained when a painting has both balance and symmetry among different parts of the work.


Which feature is attained when a painting has both balance and symmetry among the different parts of the work?

Proportion


Can you explain the balance transfers feature to me?

Balance Transfers simply mean to transfer your balances from one account to another. Generally, you transfer your total remaining balance from your current credit card to a new credit card. This is usually done to secure a lower interest rate. If you would like to discuss this in person, or have any more questions please call me at: 555.123.456.


Which credit card feature determines the cost to use one credit card to pay off money owed on a different credit card?

The credit card feature that determines the cost of using one credit card to pay off another is the cash advance fee and interest rate. When you use a credit card for a cash advance, it typically incurs a higher interest rate than standard purchases and may also come with a fee (often a percentage of the amount withdrawn). Additionally, there may be a balance transfer fee if you are transferring a balance from one card to another, which can also affect the overall cost.


What is a feature that had different forms in a population?

A characteristic is a feature that has different forms in a population


What is home sharing?

Home Sharing is a new feature (in iTunes 9) that allows the user to view files on authorized iTunes libraries on authorized computers and allows the user to transfer them to different computers. It can also automatically transfer purchases. www.apple.com/itunes


What is a credit card features would be best for customers who want to pay off the balance on a high interest credit card?

For customers looking to pay off a balance on a high-interest credit card, a card with a 0% introductory APR on balance transfers would be ideal. This feature allows them to transfer their existing high-interest balance to a new card without incurring interest for a specified period, typically ranging from 6 to 18 months. Additionally, cards with no balance transfer fees can further enhance savings during this payoff period. Finally, low ongoing interest rates can be beneficial for any remaining balance after the promotional period ends.


This type of balance feature unlike objects on either side of an imaginary line?

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How can a office benefit form call transfer?

Call transfer can benefit a company or office with the ability to transfer call to any number. Such feature can allow bringing calls with you wherever you maybe.


Where is the percentage icon on a moto g phone?

There isn't a percentage icon available on the Moto G. You would need to install a battery percentage app (there's a few in the Google Play Store), or install a launcher which has that feature, or install a custom framework which also has that feature.