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?? 8 Ball Pool Legendary Boxes Trick - Working Method 100% - Free Legendary Box By Shary Jutt GamerA balance transfer is when you move debt from one credit card to another. You'll still owe the same amount, just on a different card. A balance transfer is when you move your existing credit card balance(s) to another credit card with a different provider. Simply put, it's a credit card that allows you to transfer a balance from another card, typically at a low introductory annual percentage rate (APR). You may.