Balance transfer simply means that your new credit card issuer agrees to pay the debt obligation you have with the original lender on your behalf. The balance is then transferred to your new credit card – only this time with a lower interest rate. Learn more here.
Similar to regular credit card payments, a balance transfer entails that you must pay the balance in monthly payments within a time frame that is determined by you at the beginning of the process.
A credit card balance transfer is a great way to save money by consolidating all your credit card balances into one account:
Complete our credit card online application form and attach your proof of income and
IDs. Wait for approval of your application.
Seven days after approval, you will receive an SMS and email with the 0% Balance Transfer offer, with the link to its application form.
Go to the link provided in the SMS/Email and complete the 0% Balance Transfer online form. Got questions? Click here to get in touch w/ us.
In these terms and conditions governing the 0% Balance Transfer Offer Facility (“Terms and Conditions), the term “Security Bank Card” means all credit cards issued by SB Cards and Security Bank (“Security Bank”). The term “Cardholder” means any person at whose request Security Bank Card has been issued by the Bank.
General:
Eligibility Requirements:
Other conditions: