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ALL meanings of balance transfer

bal·an·cé trans·fer
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  • noun balance transfer the act of transferring debt from one credit card to another, assuming that the second card has better terms or interest rates than the first 3
  • noun balance transfer 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. 3
  • noun balance transfer A transferal of the current amount owing on one credit card to another one (ideally one charging a lower rate of interest). 0
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