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Rakhi Vasavada
Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 2574
Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
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If I transfer my balance from an account that charges

Customer Question

If I transfer my balance from an account that charges interest on the balance to an account with 0% interest for 15 months, what happens to the interest bearing account?
Submitted: 6 months ago.
Category: Finance
Expert:  Lev replied 6 months ago.

If you transfer the TOTAL balance - you generally have an option to keep that account with zero balance OR

to close that account.

What are your preferences?

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