Balance transfers

Transfer balances from credit cards with high interest rates to your Alaska USA Visa® Platinum. It could save you money, and you can do it with one phone call!

How can a balance transfer to an Alaska USA Visa Platinum Credit Card work in my favor?

If you carry a balance on one or more credit cards with high fees and high interest rates, you can save money by transferring those balances to your Alaska USA Visa Platinum Credit Card.

Plus, you would consolidate your credit card debt, leaving you with just one monthly payment.

Here's an example of what you could save per year by transferring just one $5,000 balance:

Your card (example)

Annual Percentage Rate (APR): 18.24%

Annual fee: $80

Interest paid in one year (assuming a $150 monthly payment and no further purchases): $849

Alaska USA Visa Platinum

Annual Percentage Rate (APR): 10.5% (best)

Annual fee: $50 (waived with Alaska USA checking)

Interest paid in one year (assuming a $150 monthly payment and no further purchases): $468

I get a lot of offers for low introductory interest rates on balances transfers. Why not use them?

If you're thinking of transferring your balance to a card that offers a low interest rate for a short time and then raises it, make sure to consider the following to see if that's your best strategy.

Balance transfer fee - Many financial institutions charge a fee when you transfer a balance (usually 3%). On a $5,000 balance, that fee would be $150.

Alaska USA does not charge a balance transfer fee.

Cash advance fee - Balance transfers can be considered cash advances, and cash advance fees would apply (usually 3% of the balance).

The cash advance fee at Alaska USA is 2%, with a maximum of just $10.

Late payment fee - If you are late with a payment to another card issuer, you can count on a late fee up to $39.

Alaska USA charges just 5% of the minimum payment (for a balance of $5,000, that would be only $7.50).

Loss of introductory rate - Some financial institutions monitor your payment history to all of your creditors. If you are late with a payment to any one of them, they can take away the introductory rate and you are left paying an excessive rate on the balance.

At Alaska USA, you will pay the same low fixed rate. There are no introductory rates.

Use of card - If you plan to transfer your balance and use your card for new purchases, find out first whether your new purchases will carry a higher interest rate. Also, many cards require that all your payments go toward your transferred balance first - so any new purchases will accrue higher finance charges for a longer period of time.

Alaska USA applies the same low fixed rate for new purchases, cash advances, and balance transfers.

Will I earn ScoreCard reward points on my balance transfer?

Reward points are earned for new purchases only. Cash advances and balance transfers are not eligible for reward point earnings.

How do I get started with a transfer?

Just call Alaska USA to easily transfer other credit card balances to your Alaska USA Visa Platinum ($500 minimum balance transfer). Call 563‑4567 or (800) 525-9094 outside Anchorage.

What if I don't have an Alaska USA Visa Platinum Credit Card yet?

Apply online or by phone anytime: www.alaskausa.org, 563-4567 or (800) 525-9094 outside Anchorage. Once you're approved and have your card, you can call Card Services to transfer your other balances.

Highlights

Save money by transferring balances from your high-rate, high-fee credit cards to your Alaska USA Visa Platinum.

It's easy - get started with just one phone call!

No balance transfer fee ($10 cash advance fee).

AKUSA 02632-I R03/19/07