Common use of Balance Transfer Clause in Contracts

Balance Transfer. Balance transfers do not earn reward points or cash. The minimum transferable amount is $100.00 per transfer. The total amount of your request(s), including fees and interest charges, cannot exceed your available credit. Each transfer will reduce your available credit just like any other transaction. Until your balance transfer(s) is posted, you may need to continue making payments to your other accounts to keep them current. Balance transfers are not subject to a grace period, and may take up to 3 weeks to process. Balance transfers can be used to pay off non - credit card obligations; however, balance transfers cannot be used to pay off other Issuer obligations. An INTEREST CHARGE will be computed on the amount of each Balance Transfer as of the date of the transaction.

Balance Transfer. Balance transfers do not earn reward points or cash. The minimum transferable amount is $100.00 per transfer. The total amount of your request(s), request (s) including fees and interest charges, charges cannot exceed your available credit. Each transfer will reduce your available credit just like any other transaction. Until your balance transfer(s) is posted, you may need to continue making payments to your other accounts to keep them current. Balance transfers are not subject to a grace period, and may take up to 3 weeks to process. Balance transfers can be used to pay off non - non-credit card obligations; however, balance transfers cannot be used to pay off other Issuer obligations. An INTEREST CHARGE will be computed on the amount of each Balance Transfer as of the date of the transaction.