Transfer Your Balance to a Pelican Visa
A balance transfer moves what you owe on high-interest credit cards to your Pelican Visa, so you're paying down debt instead of feeding interest charges. It's one of the fastest ways to take control of your finances without taking out a new loan.
How It Works
Three Ways To Transfer
- 1
Through the MyPelican App
Message a Pelican team member directly in the app to initiate your balance transfer. Download the MyPelican App
- 2
Speak with a Representative
Visit a Pelican location near you or speak to a Pelican Representative to discuss transferring your balances!
- 3
Complete our online form
Submit a balance transfer request through the our online form.
Limited Time Special Offer
0% Interest for 12 months
Take advantage of 0% APR on balance transfers for 12 months when you open a Pelican Points, Pelican Prime, or Pelican Premier Credit Card.
The Fine Print
What to Expect:
- Balance transfers may not exceed your approved credit limit
- Promotional APR does not apply to purchases or cash advances
- There is no grace period for balance transfers; finance charges begin accruing the day each transfer posts
- Balance transfers do not earn Pelican Points
- May take up to 3 weeks for the transfer to appear on your other account; continue making payments until confirmed
- Your transfer will show as a payment on your other account statement and as a loan add-on or disbursement on your Pelican statement
- A balance transfer fee of $5 or 3.5% of the transferred amount (whichever is greater) applies unless otherwise specified in a promotional offer
- Balance transfers cannot be used to pay any Pelican loan, line of credit, or credit card account
- Closing the account you transfer from may impact your credit score; a free credit counseling consultation can help
