Move your balance and pay less interest

Balance transfer tips

  1. Transfer credit card balances with the highest interest rates first
  2. Write a detailed budget and set aside as much as you can spare to pay down your balance each month

Move balances from other credit cards to a low interest rate enviro™ Visa* card1

You may be worrying about how to deal with high interest credit card debt – especially if you’re carrying balances on cards with department stores, gas stations or cards from another financial institution that could have annual interest rates as high as 29.9%.

Feel better and alleviate stress – move your outstanding balances from other high-interest rate credit cards to an enviro Visa card. You’ll simplify your monthly payments and save big on interest to pay off your balance faster.

Pay less interest

By transferring your high-interest rate credit card balances to your enviro Visa card, your savings can be substantial.

If you regularly carry a balance, you may also want to consider switching to our low interest enviro Visa card.

Over time, even transfers as small as $1,500 can make a big difference to how much interest you will pay. You could save more than $100 in interest charges in just one year.

There’s no fee

Other financial institutions typically charge a fee of between 1% and 5% of the balance being transferred, which can really add up. A balance transfer fee of 3% on $1,500 is $45! When Vancity transfers your balances from other cards, there is no transfer fee.

It's easy

Transferring high-interest credit card balances to your enviro Visa card is simple:

  • You can transfer any amount up to your available credit limit, at any time2. See how much credit you have available on your enviro Visa card by logging in at Manage my Visa card.
  • Make your balance transfer request by calling us at 604-877-4999 or toll-free 1-800-611-8472

Balance transfers are processed within 7-10 business days from the date the request is received. To be eligible for a balance transfer, your account must be in good standing at the time of processing. Balance transfer amounts do not qualify for Vancity Rewards™ points and are only allowed in Canadian currency between Canadian financial institutions. Interest accrues from the date the transfer amount is charged to a Vancity Visa Card Account. The 21-day grace period does not apply to a Balance Transfer.


1 Please note for all balance transfer requests, an inquiry to your credit report will be required.
2 Transfer will be made only if the amount requested is within your credit available at the time of processing.

*Trademark of Visa Int., used under license.