Balance Transfer

Open video in a modal customer paying for coffee with FCU credit card

Move Your Credit Card Debt to a Better Card

What is a balance transfer?

If you want to pay off credit card debt faster, a balance transfer is a great option1. Consolidate multiple credit cards into one monthly payment, and pay it off faster with a balance transfer to a new or existing Florida Credit Union credit card that features a low rate. 

  • Pay less interest
  • Pay off your balances
  • Streamline monthly payments
  • Pay no balance transfer fee

balance transfer

You could save money by moving your balance from a high-interest credit card to a low-interest credit card. 

Here's how our balance transfer process works:

Request a Balance Transfer

Request a balance transfer by filling out our online form, calling us or visiting a branch.

Balance Transfer Form
Request Processed

Our team will help your through the process, which may include new FCU membership and/or new credit card opening.

Transfer Complete

We'll submit a payment to your credit card vendor on your behalf. This payment amount will be added to your FCU card balance.

Start Making Payments

Once the transfer is complete, you can begin making payments on your FCU credit card.

Monitor your old card

We recommend monitoring activity on your old card for 1-2 months. This will help you spot accrued interest or unexpected charges.

Get Started Today

To start your balance transfer:

Complete a balance transfer form

and bring it to your nearest branch or mail it to Florida Credit Union – Attention: Balance Transfer Processing - P.O. Box 5549, Gainesville, FL 32627

You can also call us toll-free at 1-800-284-1144, visit a branch near you, or send us a message

Not a Card Holder? Select the Card that Is Perfect for You1

Platinum Rate Credit Card

For those who prefer a fixed low rate.

Apply Now
Platinum Rewards Credit Card

For those who prefer a card offering rewards.

Apply Now
Platinum Wave Credit Card

For those who prefer a low variable rate with rewards, including cash back!

Apply Now
Fresh Start Credit Card

For those who want an excellent option for building or rebuilding credit.

Apply Now

Balance Transfers Calculators

Balance Transfers FAQs

  • Most transfers are processed within a week, but in some cases it can take up to 30 days
  • Remember to continue to make payments on cards with other creditors until your balance transfer has posted to your Florida Credit Union account
Most balance transfers will post to your account within a week to 21 days. This time frame is dependent on how quickly the payee processes the transferred amount. Please continue to make payments on that account until you know the transferred amount has posted and the balance has been paid.

Interest will begin to accrue from the day the online transaction posts to your account, unless you are within a promotional period.

We may decline your transfer request under the following circumstances: your account is past due or over limit, you request more than the maximum amount disclosed, we reasonably believe that you will be unable or unwilling to repay the balance, or for any other reason as described in your Cardmember Agreement. If the balance transfer request exceeds the available credit on your card, your request may be declined.
Generally, we pay off any unpaid interest first before payments are applied to principal balance. Payments are applied to the highest interest-bearing balance first.
A statement or copy of your most recent bill for the creditor you would like to balance transfer with a mailing/payments address.

No, balance transfers do not earn rewards or rebates.


The calculators found on this page are for information purposes only. While the results of the calculators may be generally accurate, the results do not reflect any specific credit union accounts, loans or other products or services and may not exactly match the calculation methods used by the credit union (or any third party) for accounts, loans or other products or services. These calculators should be used only for general informational purposes and should not be relied on for any specific transaction.

1. Subject to credit approval.  Your APR will be based on your creditworthiness. Special offers may apply. Click here to see all card options.

APRs on purchases and balance transfers are currently the APRs set forth in the agreements below:

Platinum Rate Credit Card Agreement
Platinum Rewards Credit Card Agreement
Platinum Wave Credit Card Agreement
Fresh Start Credit Card Agreement