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Three major factors such as the боnormal rate of interest' which is the actual interest rate on a credit card, that is usually lower by banks giving consumers an advantage.

The second factor is referred to the боTeaser rate' this is the rate of interest that is lowered by the bank and this is expected to be extremely low in order to draw huge number of consumers to help generate revenue for the bank.

The final and last factor is 'Transaction fee' an amount taken by the bank that one transfers the balance to.