What is Credit Card Balance Transfer (Online Banking)?
Credit Card Balance Transfer is a digital banking feature that allows members to transfer an existing credit card balance from another lender to their credit card—directly within online banking.
Members can initiate transfers at their convenience, review important terms upfront, and track progress in one place for a smooth and straightforward experience.
How Balance Transfer Works
- Sign In: Log in to your online banking account securely.
- Start a Transfer: Select Balance Transfer from your credit card options.
- Add Payoff Details: Enter the other card’s issuer, account details, and payoff information.
- Choose Transfer Amount: Select the amount you want to transfer, based on available limits.
- Review Terms: Confirm rates, fees (if any), processing times, and disclosures before submitting.
- Submit Request: Send your balance transfer request for processing.
- Track & Manage: View status and history in your activity section for easy tracking.
Key Benefits
- All-Digital Convenience: Request transfers without calls, mail, or branch visits.
- Debt Consolidation Made Easy: Combine multiple balances into one place for simpler payments.
- Clear, Upfront Review: See key terms and disclosures before submitting.
- Progress Visibility: Track requests and status updates in one place.
- Flexible Amount Control: Transfer an amount that fits your needs and available credit.
- Secure Experience: Protected access and confirmation within online banking.