BALANCE TRANSFER OPTIONS FOR MANAGING CREDIT CARDs
Published By Aiman Mateen | 10 Nov, 2024
Banks provide balance transfer options with varying fees and repayment terms for existing cardholders.
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Here are some balance transfer options for managing credit card
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SBI Credit Cards
SBI offers two balance transfer plans—one with a 2% processing fee and 60-day interest-free period, and another with a 1.7% monthly interest for 6 months.
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RBL Bank
RBL provides a 3-month repayment option with a 2.99% processing fee (minimum ₹750), applicable on all their credit cards.
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Kotak Mahindra Bank
Kotak allows balance transfers up to 75% of the credit limit with a charge of ₹349 per ₹10,000 transferred, without interest.
ICICI Bank
ICICI offers balance transfers ranging from ₹15,000 to ₹3 lakhs, with charges shared during application.