Balance Transfer

Lower your credit card payments and declutter your finances by moving high-interest balances from other cards to one of our Visa credit cards.
Move and save

Move balances from other credit cards to one of our low transfer rate cards.

No balance transfer fees

We’re in the relationship business, not the fee business. We don’t charge an annual fee, inactivity fee, or application fee for our credit cards, either.

Credit limits up to $30,000*

You can save big when you move balances to one of our Visa credit cards. (*If qualified)

find your balance

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HOW DOES A BALANCE TRANSFER WORK?

Apply for your card.

Complete the transfer.

Once you’ve been approved for your new credit card, it’s time to complete the transfer. You’ll need your full account number for the card from which you’re transferring a balance, as well as the dollar amount you’d like to transfer.

Log into your PSECU account.

Click on "Move Money".

Click on "Visa Balance Transfer".

Follow the online directions. Your transfer will be automatically treated as a balance transfer at PSECU's current promotional rate and term. You don’t need to call us to activate your promotional offer. 

CURRENT RATES

Valid as of 06/3/2020 10:02 AM EDT
Description APR*
Founder's Card Balance Transfer 3.9%
Founder's Card Cash Advance 12.40%
Founder's Card Purchase 12.40%
Visa Classic Balance Transfer 2.9%
Visa Classic Cash Advance 9.90%
Visa Classic Purchase 9.90%
*APR denotes Annual Percentage Rate

PSECU Visa® Founder's and Visa® Alumni Rewards Card: When you take advantage of the 3.9% APR (annual percentage rate) promotional offer, Visa® Founder's Card and Visa® Alumni Rewards Card balance transfers will be treated as a cash advance and will accrue interest at 3.9% APR from the time that the transaction posts until 12/31/21; thereafter, any remaining balance will begin to accrue interest at the cash advance rate, which is a variable APR equal to the Prime Rate plus a margin of 9.15%. Payments will be applied as stated in your PSECU Visa® Founder's and Visa® Alumni Rewards Consumer Credit Card Agreement. A minimum of $250 must be requested for balance transfers through digital banking. Our 3.9% APR promotional offer cannot be used to pay off any PSECU loan or be made payable to cash, yourself, any joint owner(s) or co-maker(s). Balance transfers do not qualify as eligible purchases for the cash back reward program. Balance transfers access credit under the terms of your Visa Founder's Card account as stated in the Visa® Founder’s and Visa® Alumni Rewards Consumer Credit Card Agreement.

PSECU Visa® Classic and Visa® Alumni Classic Card: When you take advantage of the 2.9% APR (annual percentage rate) promotional offer, Visa® balance transfers will be treated as a cash advance and will accrue interest at 2.9% APR from the time that the transaction posts until 12/31/21; thereafter, any remaining balance will begin to accrue interest at the cash advance rate, which is currently 9.9% APR and subject to change. Payments will be applied as stated in your Visa® Classic and Visa® Alumni Classic Consumer Credit Card Agreement. A minimum of $250 must be requested for balance transfers through digital banking. Our 2.9% APR promotional offer cannot be used to pay off any PSECU loan or be made payable to cash, yourself, any joint owner(s) or co-maker(s). Balance transfers access credit under the terms of your Visa® account as stated in the Visa® Classic and Visa® Alumni Classic Consumer Credit Card Agreement.

Fees

FOUNDER'S CARD CLASSIC CARD
Annual Fee $0 $0
Cash Advance Fee $0 $0
Balance Transfer Fee $0 $0
Late Fee Up to $27 Up to $20
Foreign Transaction Fee $0 $0

FAQS

The minimum transfer amount to your PSECU card is $250. The maximum amount you can transfer is the available credit limit on your credit card.

You can have up to 10 outstanding balance transfers on your card at one time. The total amount of your unpaid transfer requests can’t exceed the available credit on your card. 
The transaction will appear as: “Visa® Balance Transfer was mailed to [Payee Name] in the amount of [Amount].”

There is no grace period on balance transfers. Finance charges begin to accrue on the date the balance from another card is posted to your account.
No. Visa® Balance Transfers cannot be used to pay off any other PSECU loan.