A creit card balance transfer allows a credit card user to transfer the balance on their accounts to a new credit card. This is a process which is actively encouraged by almost all credit card issuers as a means to attract new customers. Such an arrangement is attractive to the consumer because the new bank or credit card issuer will offer incentives such as a low interest or interest-free period, loyalty points or some such other device or combination of incentives. The process is extremely fast and can be concluded within a matter of hours in some cases.