A transfer fee is an amount of money paid when moving something from one place to another. It is often applied to sports when a player switches teams, and the new team pays a fee to the previous team for the player's transfer. Full definition
There is a 0 % introductory balance transfer fee on balances transferred within the first 60 days of account opening. (edwardjones.com)
There's a balance transfer fee of $ 5 or 5 % of the amount of each transfer, whichever is greater. (smartasset.com)
A little research can even reveal a handful of solid balance transfer credit cards that don't charge balance transfer fees for the service. (cardrates.com)