The start of a new year is a great time to work toward reducing debt. In order to save money and reduce credit card debt, many people opt to transfer their credit card balances to cards with a lower rate.
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The start of a new year is a great time to work toward reducing debt. In order to save money and reduce credit card debt, many people opt to transfer their credit card balances to cards with a lower rate.
Transfer your balances for bonus rebates.
If you’re carrying a balance on a credit card that isn’t from Sunward, there’s a good chance we can save you money while you pay off the debt. Plus, when you transfer a balance from a non-Sunward card to a Sunward Visa Signature® or Visa Platinum® Rebate credit card, you’ll earn a cash rebate for transfers made between January 13 and March 15, 2017.* Depending on the amount you transfer and the difference in your rate, the potential savings can be significant.
No balance transfer fees
Many cards charge a fee to transfer balances – 3% of the balance is common. If you were to transfer a $4,000 balance onto a credit card charging a 3% balance transfer fee, you’d end up paying $120 just for the transaction. Sunward does not charge a balance transfer fee or annual fee on our credit cards, meaning you can pay off your credit card balance faster with no added fees.
Simplify payments by consolidating.
Transferring a balance to your Sunward credit card can simplify your financial life. Log in to CU@home Online banking to check your credit card balance, view transactions, and make payments.
Call 505.293.0500 or 800.947.5328 or stop by any branch to request your balance transfer.
*Balance Transfer Offer Details: Transfer a balance from a non-Sunward credit card to your Sunward Visa Platinum or Visa Signature Rebate credit card between January 13 and March 15, 2017 to earn a cash rebate posted on the credit card statement you receive in April. Minimum balance transfer: $50. Maximum rebate for balance transfers: $100. Maximum number of balance transfers: three (3). Balance transfers accrue finance charges from the date the transaction posts to your account, are subject to credit line availability, and cannot be used toward amounts you owe Sunward. Please allow adequate time for the transfer to be processed. Fees and Finance Charges: Visa Signature – 10.90% APR; Visa Platinum Rebate – 11.40% APR. Rates will vary with the market based on the Prime Rate. No annual fee, no balance transfer fee, $5 per cash advance, 1% of each transaction in U.S. Dollars for foreign transactions.
