Balance Transfer definition

Balance Transfer means a transfer of the debit balance on any credit card held with any credit card issuer or any account with other banks (other than the Bank) to a Card Account;
Balance Transfer means a Transaction where you request us to transfer any balance that is owed on another credit card account to the Account. The other credit card account cannot be an account with the Bank. A Balance Transfer is treated as a Cash Advance. We may offer you a promotional interest rate on a Balance Transfer, but if we do not, then the annual interest rate that applies on the Account for Cash Advances applies to that Balance Transfer. If you accept a promotional offer on a Balance Transfer, this Agreement will continue to apply to that Balance Transfer and any additional terms we set out in the promotional offer will also apply to that Balance Transfer.
Balance Transfer means when you use your Credit Card to transfer balances you owe to another credit card provider to the Account with our agreement.

Examples of Balance Transfer in a sentence

  • If you abide by the terms of this Agreement, the introductory rate will apply for the period of time shown on the card carrier and at the end of the introductory rate period the Preferred Pricing rate for Purchases will apply to the remaining introductory Purchase or Balance Transfer balances on your Account.

  • The daily periodic rate we use to compute interest on all Purchases or Balance Transfer offers is the introductory rate shown on the card carrier.

  • If we refuse to honor a Check or Balance Transfer request, we may advise the person presenting the Check or Balance Transfer that credit has been refused or that there are insufficient funds to pay the Check or Balance Transfer.

  • Calculating the Balances to which the Periodic Interest Rates Are Applied: We calculate an “average daily balance” separately for Purchases (including Balance Transfer, but excluding any introductory period Balance Transfers), Cash Advances, any introductory period Balance Transfers then in effect, and any special rate offers then in effect.

  • Balance Transfer transactions will not be processed if made payable to cash, to you, to any individual, to a deposit account, or to a State Farm Bank credit card account.


More Definitions of Balance Transfer

Balance Transfer means a transfer of funds to another creditor initiated by us at your request. A Balance Transfer does not include a transaction that is otherwise a Cash Advance, except that any direct deposit completed at the time of your application for this Account will be treated as a Balance Transfer. Balance Transfers include Transaction Fees and adjustments associated with any Balance Transfer.
Balance Transfer means a cash advance transaction in which you borrow money on your account to pay the outstanding balance on another creditcard or loan with another financial institution.
Balance Transfer means a transfer of a debit balance which You owe to another financial institution and which We have agreed to accept and debit to Your Account.
Balance Transfer means the facility of transferring outstanding balances from another credit card held by the Cardholder with another bank, financial institution or credit card issuer to the Card Account, subject to the Balance Transfer terms and conditions applicable at the time of application for Balance Transfer.
Balance Transfer means a transfer to the Account of an amount in sterling outstanding by you or an Additional Cardholder under an agreement with another lender;
Balance Transfer means the settlement or transfer of all or any part of the outstanding balance of the credit card issued by another bank or financial institution to the Cardholder by debit to his Card Account.
Balance Transfer means either: