Transfer your balance to Pelican to save!
Open a NEW Pelican Points or Prime Visa through December 31, 2023, and you can transfer balances from your high-interest credit cards for 5.99% APR with NO balance transfer fees!*
Don't have a credit card with Pelican? Open one today!
There are multiple ways to transfer:
Use Our Mobile App (Credit card balance transfers only)
You can now transfer balances from other credit cards to your Pelican Visa Credit Card in MyPelican, our online banking app! Simply message a Pelican team member to start your balance transfer! (To transfer any non-credit card balances, use one of the other options below!)
New to MyPelican? Download the app now!
Speak With a Pelican Representative
Visit a Pelican location near you or speak to a Pelican Representative to discuss transferring your balances!
Complete Our Online Form
Enter your account and creditor information using the form below:
Notes on Balance Transfers
- 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 statements as a payment and on your Pelican State CU credit card statement as a loan add-on or disbursement.
*Balance Transfers: Pelican State CU membership and Points or Prime credit card required.APR = Annual Percentage Rate. You may not exceed your current credit limit with balance transfers. Promotional APR does not apply to Purchases and Cash Advances. There is no grace period for balance transfers. Finance charges will begin accruing the date the balance transfer posts to this account. The Average Daily Balance Method, as described in your agreement, is used to calculate your finance charge, subject to the interest rate for balance transfer. 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 not eligible to earn reward points. Verification may be required. There is no minimum balance requirement. No balance transfer fee. Pelican reserves the right to decline any balance transfer request including duplicate balance transfer requests. Balance transfers are subject to your existing credit limit. No single balance can be greater than $20,000. 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 not eligible to earn reward points. Verification may be required.
Promotional rate of 5.99% for qualifying accounts only. The promotional rate of 5.99% will expire on the billing cycle close date of December 31, 2023. After December 31, 2023, the remaining balance transfer balance will be charged the regular balance transfer APR.