What is a balance transfer?
Last Updated: 28 Aug 2024
A balance transfer is when you transfer the balance owing from another banks credit card or store card e.g. Visa or MasterCard (any bank except ASB), American Express, Gem by Latitude, Q Card, Farmers, Purple Visa Card or Flight Centre Mastercard to your ASB Visa credit card.
It is ideal when you are looking to pay down your credit card debt or avoid paying higher interest elsewhere, making managing your money easier.
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No, if you wish to close your bank/store card you will need to contact them yourself.
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When a payment is made to an ASB credit card account, the payment is allocated to transaction types according to ...
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No, we will only transfer an amount equal to or less than 90% of your available credit limit.
