ANSWERS: 1
-
A balance transfer fee is an amount imposed by a credit card company when you transfer a balance from one card to another. The fee may be a percentage of the amount transferred, usually between three to five percent, or a flat fee. The fee can sometimes be negotiated.
Source:
smartbalancetransfers.com: Balance Transfers 101: How to Transfer a Balance Online
Copyright 2023, Wired Ivy, LLC