Ideal Credit Union

1% Cash Back Balance Transfer Special

Special 1% Cash Back Balance Transfer Offer

Stop paying higher interest rates and finance charges on credit card balances you may have elsewhere. Instead, save more and earn 1% cashback on balances $500 and over transferred to your Ideal VISA® Credit Card. This special 1% cashback offer is available to you February 1 through March 15, 2021.

Don't have an Ideal VISA Credit Card? Learn more and apply online. If you apply for a credit card and are approved, an Ideal CU Representative will follow up with you to complete the process and submit your balance transfer requests.

1% cash back into your Ideal CU Share Savings Account as soon as your balance transfer is processed.
No balance transfer Fees during promotional period February 1 through March 15, 2021.
Extra savings over time if your balances you move from elsewhere held a higher rate than your current Ideal CU VISA® Credit Card.

How it works

Submit your balance transfer request online or by phone at 651-770-7000.
Ideal CU will process a balance transfer for the amount requested. Once charged to your Ideal CU VISA Credit Card, 1% cash back of the total amount requested will be deposited into your Ideal CU Share Savings account.
Ideal CU will mail you a check made out to the non-Ideal CU creditor listed in your request. You will need to send this check to the other creditor to apply the payment to your balance elsewhere.

See terms and conditions for full details.

Request Your Balance Transfer(s)

Don't have an Ideal VISA Credit Card?

Now is the perfect time to apply for an Ideal VISA Credit Card. Learn more and apply to get started saving and earning more during our 1% Cashback Balance Transfer Special.

Apply Online
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Terms & Conditions

1% cashback offer available for balance transfers of $500 or more from other credit card companies, financial institutions, or department store credit cards. Balance transfers may not be made to make payments toward amounts you owe Ideal Credit Union. 1% cashback offer is only valid for balance transfers completed February 1 through March 15, 2021. To the extent your payments exceed the minimum payment due each billing period, we will apply them to balances with higher rates prior to balances with lower rates. There is no grace period on cash advances or balance transfers. Amounts transferred are subject to your available credit limit. We are not required to honor a balance transfer request that will cause you to exceed your available credit limit. By requesting a balance transfer, you authorize Ideal CU to process a balance transfer charged to your Ideal CU Visa Credit Card (no balance transfer fee during promotional period. Afterwards, balance transfer fees are 2% of the transfer total or $10.00 minimum, $75.00 maximum. After the advance, your 1% cashback incentive will be deposited into your Ideal CU Share Savings Account. You also acknowledge that Ideal CU will send you a check payable to the creditor you provided in your request and that you are responsible for sending the check to the appropriate creditor. Ideal CU is not responsible for any remaining balance on that account or for any finance or other charges you incur due to delays in transferring a balance. Balance transfers made payable to you, cash or to make payments toward amounts you owe Ideal Credit Union are not eligible for this promotion. You should continue to make all required payments until you confirm that the balance transfer was made. To avoid paying interest on new purchases, you must pay your entire balance (including any balance accrued during the promotional period) each month by the due date. We will not close your other accounts even if you transfer the entire balance. If you wish to close another account, you should contact the issuer directly. Each balance transfer will be treated as a cash advance as described in your Credit Card Agreement, will begin to accrue finance charges from the date it is posted to your account, and is subject to credit availability. If you have not activated your credit card, please call 1-800-527-7728 to do so prior to requesting a balance transfer.

Rates as of:

1. Ideal CU Blue Rewards Variable APR (Annual Percentage Rate) ranges from 9.15% - 17.15% dependent on creditworthiness. Afterwards APR varies with market based on Prime Rate. No Annual Fee. Transaction fees for balance transfer and convenience checks are 2% of the amount of each transfer not to exceed $75.00 (Minimum $10) and Cash Advance fees are 2% of each advance (Minimum $10.00). Foreign Transaction fees are 2% of each transaction in U.S. Dollars. Fast track card ship fee $35. Convenience Check Stop Payment fee $35. Balance transfer fees waived February 1 through March 15, 2021 during 1% Cashback Balance Transfer Promotion.

2. Ideal CU Gold fixed APR (Annual Percentage Rate) ranges from 9.90% - 15.90% dependent on creditworthiness. Transaction fees for balance transfer and convenience checks are 2% of the amount of each transfer not to exceed $75.00 (Minimum $10) and Cash Advance fees are 2% of each advance (Minimum $10.00). No annual fee. Foreign Transaction fees are 2% of each transaction in U.S. Dollars. Fast track card ship fee $35. Convenience Check Stop Payment fee $35. Balance transfer fees waived February 1 through March 15, 2021 during 1% Cashback Balance Transfer Promotion.