A credit card balance transfer can save you interest and simplify your finances
How you can save with a balance transfer
A balance transfer is a request to transfer part, or all, of your outstanding balance from one credit card to another. Balance transfers can help you pay off debt sooner by consolidating your outstanding balances on a single card – then you’ll only need to make one monthly payment which can help simplify your finances.
How do I request a balance transfer?
You can request a balance transfer when you apply for a Macquarie credit card, or at a later date by completing a balance transfer request online.
The limit on balance transfers is equal to the credit limit on your card, less $500. Should the amount of your balance transfer exceed your limit, we will contact you before processing your request. The minimum balance transfer is $500.
Macquarie cards feature a special low balance transfer rate. If you are looking to consolidate balances and potentially save on interest on a card with a low annual fee, the Macquarie RateSaver Card can be a good choice. If you are also seeking to be rewarded for everyday spending and prefer the privileges of rewards and insurance, our Flexible Rewards cards may suit you: the Macquarie Black Card or the Macquarie Platinum Card.