Transfer Your Balances & Save!
Paying off debt and saving can be difficult when you have multiple cards with high, variable interest rates. Cedar Point Federal Credit Union® credit cards have fixed rates as low as 8.00% APR*, meaning consolidating your debt onto one of our low-rate cards could help you pay down your interest faster. Plus, there's no balance transfer fee. Transfer your balances to a Cedar Point credit card so you can get back to what matters.
Why Do a Balance Transfer?
Transfer your Balances with NO balance transfer fee.
- Simplicity: Turn multiple payments into one payment.
- Convenience: Pay your balance in digital banking.
- Lock in a low rate: Save on interest in the long run.
- Fixed rate: There is no penalty rate or variable rate.
- No balance transfer fee: You can concentrate on saving.
- Pay it down: With a lower rate, you can pay down debt faster.
Here's an example of what your monthly interest savings might look like when you transfer your balances to Cedar Point.
| Bank Cards | Cedar Point Card | |
|---|---|---|
| Balance | $5,000 | $5,000 |
| APR* | 16.99% | 8.00% |
| Minimum Monthly Payments | $100.00 | $100.00 |
| Total Interest Paid over 60 months | $3267.41 | $1101.54 |
Should I transfer my credit card balances?
You might realize significant monthly interest savings by transferring your higher rate credit card balances to a lower rate credit card. Use this balance transfer calculator to help determine those potential savings.
*APR=Annual Percentage Rate. The rate shown is the lowest rate and is accurate as of 12/1/25. Not all will qualify for the lowest rate; eligibility and rate are based on credit history. The maximum APR is 12.90%. Cedar Point Membership is required. Federally Insured by NCUA.