What is a balance transfer fee? Can a balance transfer fee be charged on a zero percent interest rate offer?
A balance transfer fee is a fee charged to transfer an
outstanding balance to a different credit card. A credit card company is
permitted to charge you a balance transfer fee on a zero percent rate offer.
The content on this page provides general consumer information. It is not legal advice or regulatory guidance. The CFPB updates this information periodically. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There may be other resources that also serve your needs.