Simplify Your Debt and Save with a Balance Transfer

Published on: January 23, 2026

Carrying a balance on a high-interest credit card doesn’t have to hold you back. At Coloramo Federal Credit Union, we believe managing debt should feel empowering, not overwhelming. That’s why our VISA® Credit Cards are designed to help you simplify your finances, lower your payments, and save money along the way.

What Is a Balance Transfer?

A balance transfer allows you to move the balance from one or more credit cards—typically with higher interest rates—to a new credit card with a lower rate. By doing this, you can save on interest, pay down your debt faster, and simplify your monthly payments. Be sure to check out our FAQ page for more information on balance transfers!

Why Transfer to Coloramo?

When you transfer your existing credit card balances to a Coloramo VISA® Credit Card, you’ll enjoy:

  • $0 Balance Transfer Fee – Move your balances for free and start saving immediately.

  • Low, Competitive Rates – Our rates are designed to help you pay off debt faster and keep more of your money.

  • Local Support – Get personal, one-on-one service from people who know you and care about your financial success.

  • Reward Options – With our VISA® Platinum Card, you’ll earn 1 point for every $1 spent—redeemable for travel, experiences, cash back, and more! Watch the Platinum rewards tutorial here.

Choose the Card That Fits Your Life

Whether you’re managing everyday expenses or planning a larger purchase, Coloramo has a credit card that works for you:

  • Coloramo VISA® Classic – A great choice for simplicity, low rates, and flexibility.

  • Coloramo VISA® Platinum – Enjoy low rates plus the added benefit of earning rewards on every purchase.

Take Control of Your Finances Today

Lower your payments. Simplify your debt. Take control. With no balance transfer fee and local service you can count on, Coloramo is here to help you every step of the way. You don’t need to be a member to apply for a Coloramo VISA® Credit Card. You can apply online today or visit one of our branch locations to get started. Start Your Balance Transfer Today! If you have any questions or want to learn more, give us a call at 970.243.7280 or email info@coloramo.org. We are always happy to help support you on your financial journey!

Coloramo Federal Credit Union