Save interest each
month
with a
balance transfer. |
After that, any remaining balance will
return to your
7% APR. |
|
Bartholomew,
When you move an outstanding debt to your Capital One card ending in 1234 by April 30, 2022, you'll get 0% APR for 12 months, with a 3% transfer fee. After 12 months, any remaining balance will return to your 7% APR.
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A balance transfer lets you: |
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Save on interest
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Spend less on interest when you transfer a balance from a higher-interest account.
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Pay down debt faster
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Less money spent on higher-interest rates can mean more money to pay down your remaining balance.
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Simplify your finances
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Stay on top of things with ease by having all of your outstanding balances in one place.
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| Interest and fee information |
| APR for transfers |
0% for 12 months beginning with the first transfer associated with this offer. After that, you will be charged the Purchase APR, currently 7%. |
| Fee |
3% of each transaction. |
| Paying interest |
If applicable, we will begin charging interest on these transfers on the transaction date. |
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| BEFORE YOU USE THIS OFFER |
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| Q. |
If I accept this offer, am I opening a new credit card account? |
| A. |
No. This offer is only for the credit card account you already have with us, which is identified on the offer details page. |
| Q. |
What kinds of balances can I transfer? |
| A. |
You can transfer just about any kind of account balance, such as personal loans, student loans, auto loans and home equity loans, as well as credit card balances from other lenders. However, you can't transfer balances from any accounts issued by Capital One, including our partner cards, such as those branded with Walmart, Union Plus, Teamster Privilege, General Motors, BuyPower, Kohl's, Bass Pro Shops CLUB and Cabela's CLUB. If you're unsure who issued an account, check your customer agreement. |
| Q. |
Can I be declined for this offer? |
| A. |
Yes. You may be declined for this offer if
| • |
You do not have enough available credit at the time of the transaction. |
| • |
Your account is past due, charged off or closed, or we reasonably believe you will be unable or unwilling to repay the balance. |
| • |
You have filed for bankruptcy. |
| • |
Or, we suspect fraud. |
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| Q. |
How much can I transfer? |
| A. |
You can check your Balance Transfer online experience to find that amount. |
| Q. |
Am I always eligible for a Balance Transfer? |
| A. |
Balance Transfer offers are at our discretion. You may not always have a Balance Transfer offer available. |
| Q. |
What will my APR be if I transfer a balance? |
| A. |
Any balances you transfer will receive a Transfer APR and post to your account's Special Transfer segment unless the transfer is made in connection with a future offer from us. Special Transfers may be moved to the Purchase Segment of your Account at the end of any disclosed promotional APR periods. |
| Q. |
How long will it take to process my request? |
| A. |
If you are approved, your Transfer will immediately appear as pending. The transaction will post to your account when we initiate payment to the lender from whom you are transferring a balance. Processing time varies depending on our ability to send the Transfer electronically or by check. Please allow up to 15 business days. |
| Q. |
Will I earn rewards with this offer? |
| A. |
No. Transfers do not earn rewards. |
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| MAKING PAYMENTS AFTER A BALANCE TRANSFER |
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| Q. |
Do I still need to make a minimum payment after accepting this offer? |
| A. |
Yes, you'll still need to make your minimum payment on your statement each billing cycle. |
| Q. |
Can I avoid interest on new purchases after I accept this offer? |
| A. |
Yes, you can! Pay your Interest Saver Payment (the minimum payment plus all your nonpromotional balances, including purchases, cash advances, fees and finance charges) by the due date each month, and you won't pay interest on new purchases. You can find the Interest Saver Payment amount on your monthly statement and your online account as a payment option. |
| Q. |
How are my payments applied? |
| A. |
We generally apply payments up to your minimum payment first to the balance with the lowest APR (including 0% APR), and then to balances with higher APRs. We may apply any part of your payment above your minimum payment to the balance with the highest APR, then to balances with lower APRs. |
| Q. |
What if I have AutoPay set to pay my balance in full each month? |
| A. |
Your AutoPay amount will include the entire transferred amount. To avoid paying the transferred amount in full, you can update your AutoPay settings online. |
| Q. |
If I transfer a balance from another lender, do I still need to continue to pay that lender? |
| A. |
Until your transferred balance posts to your Capital One account and appears on your other lender's billing statement, you should make at least the minimum payment to your other lender to avoid any past due fees. |
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| OTHER INFORMATION ABOUT THIS OFFER |
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| Q. |
Does this promotional rate apply to purchases made with my credit card? |
| A. |
No, this rate only applies to Special Transfers. |
| Q. |
What else do I need to know? |
| A. |
Any authorized users on your account cannot use this offer. This offer is subject to the terms of your Customer Agreement. |
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