You must have a Pelican State Credit Union Visa credit card account to use this form.
Balance transfers cannot be used to pay any loan, line-of-credit or credit card account presently maintained by Pelican State CU.
Balance transfers are subject to your existing credit limit. No single balance can be greater than $20,000.
Pelican reserves the right to decline any balance transfer request including duplicate balance transfer requests.
Upon approval of your request, it may take up to 3 weeks for your creditors to post a balance transfer. To prevent any delinquencies, you should continue to carefully monitor your creditor statements and make all necessary payments until the transfer is complete.
Requesting a complete balance transfer is no guarantee that interest or other charges will not accrue on your other accounts. Please pay close attention to all account balances, especially if you expect them to be zeroed.
If by transferring the balance to Pelican State CU you wish to close the other card, contact the number on the back of the card and request the account closed. Please note that closing a line of credit can potentially impact your credit score. If you have questions, one of our Nationally Certified Credit Counselors can help!
Balance transfers will show up on your other creditor statements as a payment and on your Pelican State CU credit card statement as a loan add-on or disbursement.
Balance transfers are not eligible to earn reward points