WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from the Web

Balance Transfer

Definition: A balance transfer refers to the process of moving an outstanding debt or balance from one account, typically a credit card, to another account, often with a lower interest rate or more favorable terms.

Sample Sentences:

1. I decided to do a balance transfer from my high-interest credit card to a new card with a zero percent introductory APR.
2. By opting for a balance transfer, John was able to consolidate his debts and save money on interest payments.
3. The bank offered a special promotion on balance transfers, enticing customers to switch their credit card balances.

Related Products on Amazon:

• Credit Card Balance Transfer
• Balance Transfer Credit Cards
• Debt Consolidation