Grow Financial Federal Credit Union

Balance Transfers

Ditch Your Debt And Get On With Life


Transferring a high-interest balance is like telling a credit card company what you really think of them. Not only do you get to take control of your money, you never have to deal with them again. And the best part? When you transfer your balance from another high-interest card to a Grow Visa® Preferred Credit Card, there’s no transfer fee, no cash advance fee, and no annual renewal fee.1 That’s right, your debt will actually start to go down right from the start. You can even make the transfer yourself through your Grow Online Banking account.

Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: when you open an account we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Subject to credit approval.

1Introductory rate as low as 1.99% to 11.99% APR. The introductory rate is effective for the first six billing cycles on purchases and balance transfers. After the introductory period expires, or if you do not qualify for an introductory rate, your standard APR will range between 8.99% to 17.99% for purchases and balance transfers. This is a variable rate. The rate you receive will be based on your credit worthiness. This rate will vary with the market based on Prime Rate as published in the Wall Street Journal “Money Rates” table on the last day of each calendar month. The APR will not exceed 18.00%. If the minimum monthly payment is 60 days late twice in a twelve month period, the rate will revert to a default rate of 18.00% for six (6) billing cycles. Other APRs: Cash Advances 18.00%, Overdraft to Share Account 18.00%. A finance charge of 1.00% will be charged on foreign transactions. Rates are effective as of 10/01/2018 and could change without notice. Annual Percentage Rate (APR).