How does a balance transfer work?

When you complete a balance transfer, you pay off your existing high-interest debt by moving it to another credit card. The purpose is usually to reduce the interest you’re paying, so you can save on interest and pay off your debt sooner.

With UMe balance transfers, we’ll pay off your debts for you. Simply give us the details of your old credit card issuers or lenders and we’ll pay off your balance(s) electronically or by paper check.