释义 |
balance transfer in British English (ˈbæləns ˈtrænsfɜː) nounthe act of transferring debt from one credit card to another, assuming that the second card has better terms or interest rates than the first a rate of 1.5% on new purchases and balance transfers balance transfer in Finance (bæləns trænsfər) Word forms: (regular plural) balance transfers noun( Finance: Banking, Credit) A balance transfer is the act of moving the amount of money that you owe from one credit card to another credit card that has a lower interest rate. If you find yourself paying a high interest rate on your existing credit cards, whynot ask for a balance transfer to a new 0 percent credit card? The rate of interest is substantial when borrowing on a credit card account, butbanks frequently offer low balance transfer rates. A balance transfer is the act of moving the amount of money that you owe from one credit card to anothercredit card that has a lower interest rate. Examples of 'balance transfer' in a sentencebalance transfer Be aware there is no guarantee your application for a balance transfer card will get accepted.Once you have made the move to a balance transfer card, think hard before buying anything else on credit.If you have a 0 per cent balance transfer card, make sure you clear the entire amount before the deal ends.Use a zero per cent balance transfer card to pay off debts.Or make a purchase on your existing credit card then switch to a zero per cent balance transfer card.We often provide a 0% balance transfer deal for a fixed period for a fee.The company offered him a 0% balance transfer deal for six months.It also offers 0% balance transfers for nine months.Watch out for transfer fees on 0 per cent balance transfer cards.If you have a store card, also switch to a balance transfer credit card.And don't use a balance transfer card for purchases.The best way to cut credit card or store card debts is by switching to a 0% balance transfer deal.Switch to a zero per cent balance transfer card so you pay off only what you owe,not the interest.A 0 per cent balance transfer credit card with no balance transfer fee.BANKS are misleading families with zero per cent credit card balance transfer deals, a report has claimed.It offers 0% interest on balance transfers and purchases for 12 months.It charges 14.9% for purchases and balance transfers and 18.9% for cash withdrawals.It charges 0% interest on balance transfers for 15 months.When choosing a balance transfer card, assess the total package - including the balance transfer fee.TO qualify for some of the top balance transfer credit card and loan deals, you will need a great credit rating.Some of these 0% deals apply only to purchases, while others apply to balance transfers from other cards.Balance transfer cards, which charge zero interest on a debt switched from anothercard, are becoming more popular.This has a 3% balance transfer fee but offers 10 months interest free on both the balance transfer and purchases.If you can repay your debt more quickly, one option might be a balance transfer card with a shorter zero per cent period and a lower fee.That said, if you are looking to apply for a balance transfer card, you need to look at the fee.While there are still dozens of providers offering 0% balance transfers, consumers have been warned they may struggle to get another deal.WHEN applying for a balance transfer card, do not get blinkered into picking a deal based purely on the longest interest-free term. |