Famous Credit Card Transfer Fees References. Web a balance transfer fee is a fee charged transferring your debt from one credit card to another. Web balance transfer credit cards offer consumers a way to roll debt onto a card with a lower interest rate.

For example, a 3% fee to transfer a. To find the fee, you multiply $5,000 by 0.03 to get $150 and add it to the original amount. Web balance transfer fees are typically 3 percent or 5 percent of the total balance you transfer to your new card it’s difficult to negotiate or avoid balance transfer fees, but there are.