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Balance Transfer
Explanation:
Moving the balance from one of your credit cards to a different credit card.
On all credit cards you can always transfer a balance away from them (i.e. to another credit card). However, not all credit cards allow you to transfer a balance into them.
Our Thoughts:
Many people benefit by transferring balances from an old card to a new card since it allows them to get a lower interest rate on their credit card debt.