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 rate enviro™ Visa* cardƚ

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.

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A year's worth of savings

By transferring your high-interest rate credit card balances to your enviro Visa card, your savings can be substantial. Even transfers as small as $1,500 can make a big difference to your bank account

Before transferring your higher-interest credit card balances, consider switching to our low 11.25% interest enviro Visa card and you could save even more.

Credit Card Balance High-Interest credit card at 29.9% enviro Visa at 19.5% Your interest savings in 1 year enviro Visa at 11.25% Your interest savings in 1 year
$1,500
$2,500
$3,500
$449
$748
$1,047
$293
$488
$683
$156
$260
$364
$169
$281
$394
$280
$466
$650

† Calculations are rounded to the nearest dollar. For illustrative purposes only. For complete information relating to interest rates, call 1.800.611.8472.

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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. None. Really.

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 onto myvisaccount.com
  • Complete your transfer online3 and if needed, request a credit limit increase online or switch to a low rate enviro Visa card using the secure form, or
  • Make your request by phone at 604.877.4999 or toll-free at 1.800.611.8472

Balance transfers are processed within 7-10 business days from the date the request is received. Interest accrues from the date the transfer amount is charged to a Vancity Visa Card Account. Under the Cardholder Agreement, the 21-day grace period does not apply to a Balance Transfer. Please refer to the Balance Transfer form for complete terms and conditions4.


ƚ 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.
3 To be eligible for a balance transfer, your account must be in good standing at the time of processing.
4 Balance transfers to do not qualify for the My Visa Rewards Plus program and are only allowed in Canadian currency between Canadian financial institutions.

™ enviro, enviroFund, Make Good Money, and Vancity are trademarks of Vancouver City Savings Credit Union.
*Trademark of Visa Int., used under license.