GLOSSARY
| Balance Balance forward Balance transfer Balance transfer APR Balance transfer fee Balloon payment Bank Bankruptcy Bill Bill presentment Billing cycle Billing Statement Borrower Budget |
GLOSSARY TERMS by Alpha # | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z Balance transfer APRMany cards charge a separate APR on transferred balances. The balance transfer APR is generally slightly higher than the APR for purchases, but many newer cards may offer special balance transfer rates to encourage cardholders to transfer balances from other cards. Special rates usually apply for a specified period of time and apply only to balances transferred during the promotion.
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