What is Balance Transfer?

  1. BT is transferring the current balance of one credit card to another credit card where the transferring to bank will provide some benefits

  2. BT is the process of checking the availability of sufficient funds available to cover the amount of transaction

  3. BT is the process of sharing the revenue between different financial institutions

  4. BT is the process of transferring balance in an account to another account where transferring bank will provide some benefits


Correct Option: A

Find more quizzes: