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Balance Transfer - how long to process

Posted by cricklyon cricklyon
Message 1 of 2 850 Views

I've got an offer for 0% interest for 12 months on Balance Transfers (with 3% transfer fee).

 

Now I'd like to take this up but the due date on the card from which I want to transfer is fast approaching, and I'm just waiting for a payment to come through on my BankWest card to reduce the balance, so I can easily transfer the whole amount of my other card. 

 

Once I accept the transfer offer, how long does it take to process with the other bank as I'd like to make sure it is done before the due date on the transferring card statement for obvious reasons.

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Re: Balance Transfer - how long to process

Posted by MegB MegB
Message 2 of 2 841 Views

Hi @cricklyon, a balance transfer usually takes 3-5 business days to be processed and received by the recipient bank

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