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Credit card companies send out checks that you can write to other creditors to pay off the balance. In turn, you get the balance of the other account transfered to your new account (the one who sent you the checks) and your old account is paid off.

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19y ago

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Where can one check credit card lifetime balance transfer?

One can check credit card lifetime balance transfer by visiting the Money website. This website has comprehensive information about everything to do with money. It lists the 'Top 10 Life of Balance Transfer Credit Cards'.


What is the best way to do a balance transfer?

If a person's bank has online banking available, this is the easiest way to do a balance transfer from one account to another because they can check afterwards to see if the transfer went through.


What is the purpose of a balance transfer offer?

The purpose of a balance transfer is to transfer balance. Many credit card companies allow the transfer of balance from one card to another. That is a balance transfer.


Can you transfer a balance from one person to another?

Yes, it is possible to transfer a balance from one person to another, typically through methods such as bank transfers, online payment platforms, or writing a check.


How can one make a Mastercard balance transfer?

The cardholder has to log into the card's website, and select "Complete an online balance transfer check", under Tools and Services menu, then the cardholder will chose the amount available to them.


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'.


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.


How can one check their EBT account balance?

An EBT is an electronic benefit transfer, and you can check your balance on the website or in any card reader which accepts the card. The card can also be used in food stores.


How can I initiate a balance transfer to someone else's card?

To initiate a balance transfer to someone else's card, you typically need to contact your credit card company and provide the recipient's card information. The credit card company will then process the transfer, moving the balance from your card to the recipient's card. Be sure to check for any fees or restrictions before proceeding with the transfer.


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 I balance transfer from my partner's card?

No, you cannot balance transfer from your partner's card.


Can you transfer a balance to another person?

Yes, you can transfer a balance to another person by initiating a transfer of funds from your account to their account.