Balance transfer

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Balance transfer" – news · newspapers · books · scholar · JSTOR (February 2024) (Learn how and when to remove this message)

A balance transfer is the transfer of (part of) the balance (either of money or credit) in an account to another account, often held at another institution. It is most commonly used when describing a credit card balance transfer.