This small Hack Will save your Life | #shorts #creditcard

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To put it in the simplest of terms, balance transfer in credit cards means that you transfer the amount you owe on one card to another card. By doing this you actually end up paying for the first card and owe that amount on the other credit card. One main reason why someone might go in for a balance transfer could be that the other card offers lower interest rates which would mean it would be cheaper to pay it back through the other card..

But make sure to remember not all bank offers these credit card balance transfers.
✨ Take advantage of credit card balance transfers offered by some of India's leading banks: