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Balance Transfer Holiday PROGRAM TERMS & CONDITIONS In consideration of National Bank of Abu Dhabi PESC (the Bank) agreeing to make available the Program (as defined below) to the Cardholder at the
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Balance transfer holiday program is a special program offered by financial institutions where individuals can transfer their existing credit card balance to another credit card with a low or 0% interest rate for a period of time.
Individuals who wish to take advantage of the balance transfer holiday program are required to apply for it with their respective financial institution.
To fill out a balance transfer holiday program, individuals typically need to provide information about their current credit card balance, the credit card they wish to transfer to, and any fees or terms associated with the transfer.
The purpose of the balance transfer holiday program is to help individuals consolidate and manage their credit card debt more effectively by offering a lower interest rate for a limited period of time.
Information that must be reported on a balance transfer holiday program typically includes the amount of the existing credit card balance, the new credit card details, any fees or charges associated with the transfer, and the duration of the promotional interest rate.
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