balance transfer

noun

A transferal of the current amount owing on one credit card to another one (ideally one charging a lower rate of interest)

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounbalance transfer (plural balance transfers)

plural balance transfers

  1. A transferal of the current amount owing on one credit card to another one (ideally one charging a lower rate of interest)
Cite this entry
APA

balance transfer. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/balance%20transfer

MLA

“balance transfer.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/balance%20transfer. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “balance transfer,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/balance%20transfer.

Source: balance transfer on Wiktionary, CC BY-SA 4.0.