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What is a balance transfer fee? A. A fee you pay when your monthly payment is late B. A fee for charging more than your credit limit C. A fee you pay when you use your credit card to get cash from an ATM
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What is a balance transfer fee?

A. A fee you pay when your monthly payment is late
B. A fee for charging more than your credit limit
C. A fee you pay when you use your credit card to get cash from an
ATM
O D. A fee charged when you transfer the balance from one card to
another

User RelativeJoe
by
3.9k points

1 Answer

2 votes

Answer:

A balance transfer fee is a charge imposed by a lender to transfer existing debt over from another institution.

Step-by-step explanation:

User Voigtan
by
4.1k points
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