Sentences with phrase «purpose of a balance transfer»

Otherwise, you are defeating the purpose of a balance transfer.

When used for the purposes of a balance transfer these checks would be written as if you were making a normal monthly payment only it will be for the balance in full amount.

The main purpose of a balance transfer credit card is to consolidate existing debt.

The main purpose of a balance transfer credit card is to pay off debt.

The purpose of a balance transfer credit card is to allow one to save on interest payments when they currently have a card with a high interest rate and a large balance.

Not exact matches

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An arrangement of this nature would raise questions about whether the steps beyond those necessary to comply with the new transfer balance cap rules were for the purpose of obtaining tax benefits.

In addition, opening a credit card for the purpose of transferring a balance will reduce the average age of your credit accounts (ding), and if you close a credit card account from which you're transferring a balance, you will further reduce the average age and also the maximum age of your cards (ding and ding).

Qualifying Purchases do not include: Balance Transfers, Cash Advances (including Convenience Checks), ATM Cash Disbursements, Money Transfers, Truck Stop Transactions, Gaming Transactions, Tax Payments, Finance Charges, Fees, Purchases of cash equivalents (even if used to purchase goods or services), Purchases made for business - related purposes, and Purchases determined by us to be made to generate Reward Points but otherwise receive limited or no other value from the transaction.

And when plastic wasn't an option — e.g., for a deposit on our apartment, or my share of expenses for a friend's bachelor party — we used those dastardly checks that credit card companies like to send you in the mail for balance transfers and other purposes.

In such a scenario, the customer can opt for taking a top - up over & above the balance transfer amount which can serve a dual purpose in terms of shifting high interest rate loan as well as getting additional funds.

Balance transfer — The purpose of this method is to roll a high - interest debt to a 0 % interest credit card.

If he gets declined or approved for a small amount he can call chase (or whatever issuer) and tell them that he intends to transfer this balance over for the purpose of paying it off.

The card can function simply for the purpose of transferring a balance without fees in the first 60 days after you're approved, and you can take up to 15 months to repay.

Balance Transfers, Cash Advances, including purchases of money orders or other cash equivalents, purchases made by or for a business purpose, fees, interest charges, unauthorized / fraudulent transactions, and certain other charges do not earn cash back credit.

Using the card defeats the purpose of making the transfer and working towards debt repayment if you are then going to increase the balance.

That defeats the entire purpose of using a balance transfer as a debt reduction strategy.

Different treatment arises for the purposes of your transfer balance account depending on whether, under the payment split, the non-member spouse is entitled to either a lump sum amount or a percentage of the member spouse's superannuation income stream benefits payable from the superannuation income stream.

Excess transfer balance earnings only cease to accrue for the purpose of excess transfer balance tax once your transfer balance is at or below your transfer balance cap.

The assumptions [42C] only apply for the purposes of the transfer balance account.

You should note that an extension of time to lodge an election with the Commissioner does not stop excess transfer balance earnings accruing for the purposes of excess transfer balance tax.

The «starting day» (for the purposes of the transfer balance account) for reversionary beneficiaries is the date of death of the original superannuation member as this is the time the reversionary superannuation income stream becomes payable to them.

This would defeat the purpose of transferring the balances.»

The following transactions are excluded from earning points: BPAY transactions, payments to the Australian Taxation Office (effective 2/11/2015) unless made using a Business Awards card, balance transfers, cash advances (including a transaction treated by the Bank as a cash advance, for example, utility bills paid in person at a bank), purchases of foreign exchange, credit card insurance premiums, travellers cheques, interest charges, Qantas Frequent Flyer Direct fees, Bank fees, Card account payments, transactions deemed by the Bank to be for business purposes (excluding transactions on Business Awards, Business Gold Awards and Business Platinum Awards cards) and any other transactions which may from time to time be excluded by the Bank.

However, if you can benefit from transferring high - interest credit card balances without paying fees, taking 15 months of 0 % APR to pay it down and utilizing Chase's creative payment options to do so, you'll be using the card for its intended purpose.

Balance Transfers, Cash Advances, including purchases of money orders or other cash equivalents, purchases made by or for a business purpose, fees, interest charges, unauthorized / fraudulent transactions, and certain other charges do not earn cash back credit.

When your balance transfer card has already served its purpose of helping you eliminate debt, what's next?

If you get a balance transfer card to get out of debt but continue to spend freely, that's defeating the purpose.

Cash advances and balance transfers do not apply for purposes of this offer and may impact the credit line available for this offer.

They have chosen to transfer the credits to third parties by giving 30 - 40 % discounts on the debt amount of the principal, for the sole purpose of removing it from their balance sheets.

# a new Securities Transfer Act will be enacted to provide a modern framework for the transfer of shares, bonds and other securities, and promote interprovincial and international harmonization of rules; # personal health information access and privacy legislation will be introduced to balance the individual's right to confidentiality with the need to get information for legitimate health purposes; # government will receive the report of the Task Force on Access to Family Justice, and respond to its recommendations accordingly; # a Building Code Act will be enacted that establishes a chief building inspector position, promotes consumer safety, and provides for province wide adoption of the National Building Code and mandatory inspections by qualified inspectors; # a Heritage Conservation Act will be introduced to improve heritage stewardship; # a new Pay Equity Act will be introduced to ensure that pay equity legislation applies to all parts of the public Transfer Act will be enacted to provide a modern framework for the transfer of shares, bonds and other securities, and promote interprovincial and international harmonization of rules; # personal health information access and privacy legislation will be introduced to balance the individual's right to confidentiality with the need to get information for legitimate health purposes; # government will receive the report of the Task Force on Access to Family Justice, and respond to its recommendations accordingly; # a Building Code Act will be enacted that establishes a chief building inspector position, promotes consumer safety, and provides for province wide adoption of the National Building Code and mandatory inspections by qualified inspectors; # a Heritage Conservation Act will be introduced to improve heritage stewardship; # a new Pay Equity Act will be introduced to ensure that pay equity legislation applies to all parts of the public transfer of shares, bonds and other securities, and promote interprovincial and international harmonization of rules; # personal health information access and privacy legislation will be introduced to balance the individual's right to confidentiality with the need to get information for legitimate health purposes; # government will receive the report of the Task Force on Access to Family Justice, and respond to its recommendations accordingly; # a Building Code Act will be enacted that establishes a chief building inspector position, promotes consumer safety, and provides for province wide adoption of the National Building Code and mandatory inspections by qualified inspectors; # a Heritage Conservation Act will be introduced to improve heritage stewardship; # a new Pay Equity Act will be introduced to ensure that pay equity legislation applies to all parts of the public service.

• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis of financial facets of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities on monthly basis.