BALANCE TRANSFER (BT) FROM EXISTING BANKER

Balance Transfer, usually termed BT, is a type of credit card transaction that moves the outstanding balance of one credit card to another credit card at a lower rate. By doing this, you actually pay off the outstanding balance of your first credit card and now you owe that amount on the second credit card. People generally opt for balance transfer when they have an outstanding amount on their credit card and they are not able to pay the amount outstanding in full.