Save money and pay down debt faster

What is a Balance Transfer?

A balance transfer is when you repay existing debt with a new credit card. The point of a balance transfer is to get a lower interest rate, save money on finance charges and pay off what you owe much faster. Oftentimes you can combine debt from multiple high-interest cards onto our single low-rate card.

You can transfer balances at a rate as low as 3.99% APR* and it’s fixed for 6 months! Transferring your balance is easy:

  1. Log into digital banking
  2. Click or tap on your MMFCU Visa Credit Card
  3. Click the Menu button, then select Manage Card
  4. Select Balance Transfer
  5. Input your card information from the other financial institution

Your Balance Transfer has been started!

*APR = Annual Percentage Rate. Promotional and variable rates are based on credit history. After 6 billing cycles, the balance transfer fixed-rate will convert to the current variable rate in effect. There are no transfer fees. However, transfers are limited to your available credit and are treated as cash advances. A finance charge will be calculated from the date the transfers or convenience checks post to your credit card account. All APRs may increase if you default under the terms of your Card Agreement. Offer may be withdrawn at any time.