Credit Card Glossary: Terms and Definitions
Confused by credit card terms? CreditCards.com's glossary of credit card definitions will help. From account holder to Regulation Z, we have defined the most-common and most-confusing credit card terms.
- Balance transfer fee
- A balance transfer fee is a fee charged by a credit card company to transfer a balance from one account to another. This fee is typically 3 percent to 5 percent of the transferred amount. See Balance transfer fee survey for more details.